Unemployment benefit is payable to unemployed persons from 20 years of age (from 18 in certain circumstances) who have been means-tested.
To be eligible one must register at the labour exchange and be ready and able to perform any suitable work, therefore involuntarily unemployed. You must have paid contributions as a regular employee for 360 days out of 540. This qualifying period does not apply to demobilized soldiers or for young women who completed a period of national service (for up to 1 year after completion). The unemployment benefits amounts to between 20% and 80% of the beneficiary's average daily wage during his or her last 75 workdays. The maximum duration of payment varies from 50 to 175 days , according to the category of beneficiary.
Partial benefit is payable to individuals whose combined income from employment and benefits falls short of the minimum income level for subsistence.
The dependent supplement is paid to means-tested individuals for a dependent spouse or child.
If you are 75% disabled you are eligible for the full single disability pension, which is the equivalent of 25% of the national average wage plus 7% of this amount (no means test required). The pension is reduced in proportion to the assessed degree of disability.
Update 4/07/2008
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Margin | 0.6% |
---|---|
Regulator | FCA |
Fee | £10 < £5K or Free > £5k |
Mini | £1K |
Ccy | All (130 currencies, incl ‘exotics’) |
Services | Repatriation of funds, Property, Regular payments, High Value payments, spot, online, telephone. |
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