Savings on ESA

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redrose3
redrose3 Online Community Member Posts: 6 Listener
edited August 2020 in Employment and Support Allowance (ESA)
I receive ESA, do I need to tell the DWP when my savings drop BELOW £16 thousand. Is it an offence to not inform them?
Because I am managing to live on my savings at present and I don't want to be taking benefit that someone more in need should have.

Comments

  • Oxonlady
    Oxonlady Scope Member Posts: 563 Pioneering
    Hi redrose3, as far as I know you do have to report any changes. You can request that nothing changes, despite your reduction in savings. 
    But please take advice from others as well, in case I am mistaken. Take care. 
  • Adrian_Scope
    Adrian_Scope Posts: 11,754 Online Community Programme Lead
    Hello @redrose3. Are you claiming NS ESA or contribution based ESA?

    It's definitely in your interest to tell them when your savings drop under £16,000. Not least because you may be missing out on benefit you're entitled to, but also because when you need to inform them (as your savings can no longer sustain you etc and you need the support) it should be an easier process if you've kept them informed of your different savings levels throughout. 

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