Hi, my name is clarejeff79! UC and Ill health retirement. how did you manage to spend your lump sum?

clarejeff79
clarejeff79 Online Community Member Posts: 1 Listener
edited May 10 in Universal Credit (UC)

hi did anyone receive ill health retirement and claim universal credit if so how did you manage to spend your lump sum

Comments

  • Albus_Scope
    Albus_Scope Posts: 9,784 Scope Online Community Coordinator

    Hey there @clarejeff79 and welcome to the community.
    If your lump sum isn't over £6k then you'll be able to claim as usual, it's only if it's over £16k that your UC will stop completely. I think a lot of people look into replacing various white goods.

  • NikkiP50
    NikkiP50 Online Community Member Posts: 3 Listener

    Hi all, my first post on here 😊. I am in the process of ill health retirement and have been told I can take a lump sum payment from my pension. One option is below 16k but above the 6k cut off and the other is over 16k. I currently claim UC/LWCRA and PIP. I am completely unsure on which lump sum to take?. If I take the lower amount I have read that I will keep my benefits but they will be reduced, as its over 6k and if I take the larger amount my benefits will be stopped. I hope I've got this correct so far?. It also states that within 6 months you can start a reclaim (if I opt for the larger amount). My concerns are how easy and quick is the reclaim and what is the process? Also I have read that LWCRA is not included on the reclaim?. I am in a complete pickle with it all. I need to buy a new car more suitable for my disability, one that's easy for me to get in and out of (I don't drive but my partner does) and buy a mobilty scooter to give me independence. Unfortunately I missed out on the higher rate of mobility. Anyway any advice would be greatly appreciated and apologies for my long story! Many thanks all

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