PART 4: STATUTORY PAYMENTS
pensioners (aged 60 or over) through Income Support giving a guaranteed minimum earnings level. Benefit was reduced by £1 per week for every £250 of savings between the lower and upper capital limits. COPYRIGHT © 2021 THE CHARTERED INSTITUTE OF P YROLL PROFESSIONALS Date from Minimum Earnings Level Capital Limits Single Couples Lower Upper £ £ £ £ 1999 75.00 116.60 3,000 8,000 2000 78.45 121.95 3,000 8,000 2001 92.15 140.55 6,000 12,000 2002 98.18 149.80 6,000 12,000 2003 102.10 155.80 6,000 12,000 INDUSTRIAL INJURY DEATH BENEFIT Introduced on 5th July 1948, Industrial Injury Death Benefit is a non-contributory, taxable and non means-tested benefit paid to parents, certain dependant relatives and a woman looking after children of the deceased after a person died from either industrial accident or disease. Prior to 11th April 1988 it could be paid as a pension, allowance or lump sum. For the first 26 weeks a widow would be paid at the higher rate, followed by a permanent pension dependant on age and circumstances. Some widowers also received a weekly pension. The benefit cannot be awarded for deaths that occurred after 11th April 1988, widows now receive National Insurance Widows Benefit instead. The widower’s rate is the same as the higher rate but there is no lower rate applicable. No printing, copying or reproduction permitted.
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