It will be assessed, but there is an amount disregarded.
The first €50.000 is disregarded for Disability Allowance, the remainder is assessed as follows:
First €10,000 @ €1 per €1,000
Next €10,000 @ €2 per €1,000
Balance @ €4 per €1,000
The calculated amount is the means per week.
For example, savings of €100,000 would be assessed as follows:
€50,000 disregarded
€10,000 = means of €10
€10,000 = means of €20
€30,000 = means of €120
Total weekly means assessed is €150 per week.