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jenny lucas Online
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- Posts: 9648
- Joined: Mon Oct 07, 2013 5:39 pm
Sun Aug 26, 2018 11:00 am
I agree, most definitely get the experts on Carers UK to check this.
I hear what Chris is saying, as the private pension income won't be 'earned income' (ie, a wage for doing a job), but for all that, I would get it very, very clear whether or not the DWP can use this 'unearned income' (ie, private pension) to give them an excuse to stop paying out Carers Allowance to you. In these days of cash-strapped government departments, they will do whatever they can get away with to save themselves money.
Make sure you bank the 25% lump sum safely!!! (And if it is invested, even if only in a savings account, again, make sure than any income you take from the interest/dividends is also not going to cause CA to be lost....)
I would check with the DWP itself, and get it in writing from them that yes, you can have the lump sum AND a drawdown income from your private pension, and it won't affect your eligibility for CA.