H hillbloom Registered User Messages 23 12 May 2018 #1 I will be applying for non-contributory OAP soon. Am I allowed to have a certain amount of savings. My husband was entitled to a contributory pension.
I will be applying for non-contributory OAP soon. Am I allowed to have a certain amount of savings. My husband was entitled to a contributory pension.
G gipimann Registered User Messages 5,097 12 May 2018 #2 Yes, you could have up to 20,000 euro in savings and you may still qualify for the full rate of Non-contributory State Pension. If you had more than that, the amount of pension would be reduced. More detals at this link http://www.welfare.ie/en/Pages/248_State-Pension-Non-Contributory.aspx
Yes, you could have up to 20,000 euro in savings and you may still qualify for the full rate of Non-contributory State Pension. If you had more than that, the amount of pension would be reduced. More detals at this link http://www.welfare.ie/en/Pages/248_State-Pension-Non-Contributory.aspx
H hillbloom Registered User Messages 23 12 May 2018 #3 Thanks a mill gipmann. Good news. After qualifying for the OAP, a couple of years later one inherited a sum of money would that need to declared.
Thanks a mill gipmann. Good news. After qualifying for the OAP, a couple of years later one inherited a sum of money would that need to declared.
M Mary55555 Registered User Messages 136 5 Jul 2018 #4 I think re later inheritance : Yes if it was the person who was in receipt of the non contributory pension as it’s means tested No for the person who is in receipt of the contributory pension as it’s not means tested.. Last edited: 6 Jul 2018
I think re later inheritance : Yes if it was the person who was in receipt of the non contributory pension as it’s means tested No for the person who is in receipt of the contributory pension as it’s not means tested..