Universal credit and pip
lucinina
Community member Posts: 3 Listener
Backdated pip has taken my savings to £13789, universal credit has said the back payment is disregarded for 12 months. I'm totally confused about what happens . Does universal credit remove that back payment from my balance? To make it disregarded? And will my universal credit stop when my bank balance reaches £16000 with the pip payments going into my back along with lwcra payments it won't take long to reach that amount especially with the backpayment that has been declared. Thank you .
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My understanding is that, since the PIP back-payment is a sudden windfall, Universal Credit will ignore that back-payment amount as being part of your savings for a period of 12 months. Their expectation is that you will likely be using this money towards ongoing care or settling any debts or loans incurred while you were waiting for the decision to be made. Only if you were to exceed the £16,000 limit WITHOUT counting this sum, then your claim would be closed. At the end of 12 months, your savings would be reassessed based on the amount you own at that time. If any of the PIP back-payment remains at that time, it will then be counted towards your savings.1
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AtlasShoulders said:My understanding is that, since the PIP back-payment is a sudden windfall, Universal Credit will ignore that back-payment amount as being part of your savings for a period of 12 months. Their expectation is that you will likely be using this money towards ongoing care or settling any debts or loans incurred while you were waiting for the decision to be made. Only if you were to exceed the £16,000 limit WITHOUT counting this sum, then your claim would be closed. At the end of 12 months, your savings would be reassessed based on the amount you own at that time. If any of the PIP back-payment remains at that time, it will then be counted towards your savings.0
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lucinina said:AtlasShoulders said:My understanding is that, since the PIP back-payment is a sudden windfall, Universal Credit will ignore that back-payment amount as being part of your savings for a period of 12 months. Their expectation is that you will likely be using this money towards ongoing care or settling any debts or loans incurred while you were waiting for the decision to be made. Only if you were to exceed the £16,000 limit WITHOUT counting this sum, then your claim would be closed. At the end of 12 months, your savings would be reassessed based on the amount you own at that time. If any of the PIP back-payment remains at that time, it will then be counted towards your savings.
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AtlasShoulders said:lucinina said:AtlasShoulders said:My understanding is that, since the PIP back-payment is a sudden windfall, Universal Credit will ignore that back-payment amount as being part of your savings for a period of 12 months. Their expectation is that you will likely be using this money towards ongoing care or settling any debts or loans incurred while you were waiting for the decision to be made. Only if you were to exceed the £16,000 limit WITHOUT counting this sum, then your claim would be closed. At the end of 12 months, your savings would be reassessed based on the amount you own at that time. If any of the PIP back-payment remains at that time, it will then be counted towards your savings.1
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