How does savings impact on claims

gazzaman22

So how exactly do savings impact on a claim for Invalidty Pension and its add ons - Mainly

Increase for qualified children under 18 (3) and Spouse

House hold benefits package

Fuel allowance

Back to school footware allowance

hawthorne

The savings have no impact on your Invalidity Pension because IP is a non means tested payment. It will also have no impact on the IQA and child payments if the savings are entirely your own- and not shared with your wife. In that case you might lose parts of those payments because they are means tested in regards to your wife's and childrens means. The savings won't have any effect on the Household Benefit Package.

You might not get neither the Fuel Allowance nor the BSFCA - both payments are means tested- and Euro 150000 in the bank is a lot of money.

Invalidity Pension (citizensinformation.ie)

Household Benefits Package (citizensinformation.ie)

Fuel Allowance (citizensinformation.ie)

Back to School Clothing and Footwear Allowance (citizensinformation.ie)