CSA CASHES IN ON BLUNDERSTHE Child Support Agency made 6.8million in interest from hanging on to cash destined for single mums.00:00, 25 AUG 2005Updated06:09 cheap nfl jerseys, 4 FEB 2012Get daily updates directly to your inbox+ SubscribeThank you for subscribing!Could not subscribe, try again laterInvalid EmailTHE Child Support Agency made 6.8million in interest from hanging on to cash destined for single mums.It kept 6.2million of that and passed on 670,000 just 10 per cent to families in need since Labour came to power in 1997.Lone parents are meant to be paid within 10 days of the CSA getting the money from their absent former partner.But they are kept waiting while their ex partner’s money sits in the CSA’s special bank account the Client Funds Account.Delays were so bad last year that 14million built up in the account over Christmas alone.Parent Mark Pacey, 48, said: “It is an absolute disgrace but it doesn’t really surprise me.”The only thing to do with the CSA is wind it up.”Danny Alexander MP, Lib Dem Work and Pensions spokesman, said: “These figures seem extraordinarily high.”It takes forever for cases to get a calculation, many decisions are never enforced and now it seems that even when payments are made, significant amounts are not distributed as quickly as they might be.”If the point of the CSA is to be so inefficient it earns millions of pounds in interest for the Government then it is doing well. If its role is to serve the interests of children in broken families, then it is clearly failing.”The CSA’s website says interest from delayed payments will be handed over to parents in “specific circumstances” but does not reveal what they are.Since 1997, on average wholesale nfl jerseys, only 10 per cent of yearly interest is given back to parents.That shot up to 40 per cent in 2004 to 2005 when carers got back 380,000 of interest with 570,000 going into the Government’s pocket. The CSA only gave back two per cent of interest in 2003 and 2004 10,000 and kept 620,000.Mark and partner Lisa Pacey, of Caterham, Surrey, have both suffered in the system.Lisa, 31, had hardly received any payments for her sons aged 10 and 14 because the father of the oldest boy wanted a DNA test before he would stump up.Mark https://www.nfljerseysshow.com/, 48, had paid in full for his former partner’s nine year old daughter.But he was mortified when the CSA docked his wages without telling him embarrassing him in front of his new boss..
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