OPEN - ESDS

INVALIDITY BENEFIT -
INVALIDITY PENSION -
JOB RJZLEASE ALLOWANCE -
LOAN -
LOCAL AUTHORITY -
SECURITIES
MAIL OPDER AGENT -
MAIL ORDER DIRSCT -
MATERNITY ALLOWANCE -
MATEANITY GFAWT -
WP1OO1-10258
See Invalidity Pension, Invalidity Allowance.
Invalidity Pension is paid in place of Sickness Benefit if
a Pers On COntlnUes to bs incapable of work after 28 weeks
(see Contributory Invalidity Pension, Statutory Sick Pay ) .
Men aged 62 (60 if disabled) or over and women aged 59 or
over, who are full time employees and who are prepared to
leave work before ret irement age, can claim this
non-contributory weekly bsnefit, provided that their
employer agrees to replace them with someone whO is
registered as unemployed.
See SanA loan, Finance House 10an.
Investing in local authority securities is a way of
lending nwney to the LA at a fixed rate of interest, over
a fixed period. The securities are renewable although the
interest rate may not be the same.
Mail order agents are often local part time egents who
work on behalf of the mail order catalogue companies (eg
Universal, Littlewoods). Mail order companies offer a
wide range of goods, nearly all available on credit.
Someone can choose what they want from the catalocye, and
the agent completes an order form and Bends it off to the
company, the goods being received by post. Payment is
usually in equal installments ovsr 20 or 38 weeks, longer
for high amounts.
This refers to mail order services advertised by a company
in a newspaper, magazine, eg Reader’s Digest, Automobile
Association or in a limited item catalo~e. Anyone
interested in the advertised goods contacts the company
direct and receims the goods through the post. Regular
installments are then paid direct to the company. This is
different to arrangements through a mail order agent.
Maternity allowance is a weekly benefit, paid by giro,
usually for 18 weeks, starting 11 weeks before the baby is
expected. This allowance is paid in addition to Maternity
Grant if the mother was working and paying full NI
contributions at sores time during the fifteen months
before the baby was born. The husband’s contributions do
not count.
This is a lump sum paid for each birth to help with the
general expense of having a beby. It is psyable in nearly
all cases of confinement where either the mother’s or the
husband’s NI contributions allcw entitlement. It is paid
by giro cheque to the imther. Generally to qualify for
Maternity Grant, a mother to be will have to be present in
Britain for at least 26 weeks out of 52 before
confinement.
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