Amending Savings Credit claims.

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  • #20369
    NeilC
    Participant

    Hi. A claimant is on Pension Savings credit only and the pension service records his capital as being over £16, 000. Can we use a different capital figure once it has fallen below our cut off point or do we have to advise them to inform the Pension Service and wait for a new award? Cheers.

    #2844
    Carol Meredith
    Participant

    The way I understand it is that they have to tell the Pensions Service so that AIF can be adjusted. LAs can only amend the capital figure if capital increases over £16,000 during the AIP but not if it decreases.

    #2845
    NeilC
    Participant

    Cheers for that. It’s also how I thought it worked but there is some discussion in our office. I’d be grateful if a few more people would be respond, so I can get a general consensus of opinion. Also any regs. would be appreciated.

    #2846
    Darren Tompkins
    Participant

    I agree with Carol. If we know the customer is on Pension Credit we have to use their assessment of the capital, unless it takes it over the £16k level.

    At the end of the day it shouldn’t make much difference if the customer has to contact the Pension Service. Even if it takes them 4 weeks to review the claim we can still set up the new HB/CTB claim from the date PC changes as long as we have a (new 3 page) HB/CTB claim form. Unless it takes a year to get a claim form in!.

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