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Carer's Allowance

  • 19-06-2023 5:51pm
    #1
    pip7368
    Registered Users Posts: 1 ✭


    I have been caring for a friend for the last year. It has been costing me a lot of time and money and this seems to be increasing as time goes by. I am constantly being advised to apply for the Carer's Allowance. However, I was appalled at the scrutiny and invasiveness of the means test. I bring in a low pension as I did not have enough 'stamps'. However, I have savings in my own bank account, to take care of myself down the line. Surely, the means test should only apply to 'income' and I shouldn't be penalised for hard earned savings. Sorry, 'just having a rant here.



Comments

  • #2
    TooTired123
    Registered Users, Registered Users 2 Posts: 2,232 ✭✭✭TooTired123


    Hi

    So Carers allowance means test of capital is often misunderstood.

    The disregard is €50000. So say you have €100,000 savings.

    Only €50000 will be taken into account. Of that €50000 €150 will be considered as means.

    If you are on a occupational/other pension with no state pension and your weekly income is less then €350 (I’m assuming here that you are living alone and over 66, please correct me if I’m wrong) then your carers allowance will be €124 per week if you have, for example, €100,000 savings.



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