Brother In Law redundancy question

easyrider

easyrider

easyrider

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The company my Brother in Law works for is going into liquidation...Its been open to be bought...If he is not kept on by the new owners and he is made redundant can he still claim job seekers allowance?

Or is savings etc...taken into account?

Thanks
 
First 6 months is contribution based so works on your national insurance contributions.

Thereafter it’s income based so savings etc is looked at.

I was made redundant many years back and was still able to claim even though I got a decent payout.
 
Philtor said:
First 6 months is contribution based so works on your national insurance contributions.

Thereafter it’s income based so savings etc is looked at.

I was made redundant many years back and was still able to claim even though I got a decent payout.
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Thanks...I was looking on the Gov site but it wasn't clear :)
 
easyrider said:
The company my Brother in Law works for is going into liquidation..
Click to expand...

This is actually a complex situation and your BIL should speak to the Citizen's Advice Bureau and the DWP. Things like TUPE may or may not apply depending on the circumstances and it would behove him to be fully informed.
 
Can't you tell them you want it to be contribution based rather than income (savings) based? I'm sure I did that many years ago.

Totally daft that you can be saving for a house or something and hence with a lot of savings, and therefore denied your entitled jobseekers allowance.
 
Philtor said:
Not sure Scam. I wasn’t given any choice at the time after being made redundant!
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I thought it was part of the process when you apply for JSA. Literally if you go through part of the process that asks for your savings just say you haven't got any.. lol :p
 
Depending where you are you go a different route. I was made redundant in March this year, as our JOb Centre was using Universal Credit I had to jump through all the online forms for that to get rejected to apply for contribution based JSA.

You might be able to by pass that by going into the Job Centre but in not sure on that.
 
savings isn't taken into account - i was made redundant earlier this year and got jsa no problem.
you won't get anything extra though (like housing benefit) if you have savings.
 
I wasn't given a choice when i got made redundant in 2008, told i had enough savings (think at time just shy of 10k) which i was saving up for 1st home, at the time a buy to let as my partner had recently bought her 1st home.

They confirmed my minimum NI contributions would be covered though this is not something you ever see, and for that I still had to go to the Job Centre to provide 'evidence' of me searching for and applying for jobs = wasted afternoon. Given the timing it was extremely difficult to find decent full-time work as the country fell in to recession. Ended up moving city to find decent paying work.

Only positive was got a free CV writing course where i bumped in to 2 school/college friends who had also found themselves out of work recently as part of the recession. The CV writing course was mostly dribble though and aimed more at ppl who had no work experience and how they could make a lot of nothing fill a page
 
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