I opted out years ago, God knows where that money is or how I find it?Thanks for reply.
You are right I am sure but my mix of SERPS type pensions has not changed, yet last year I got the full 10.1 percent.
My letter made no mention of a change in the mix variation but chose only one of them for 8.5 percent increase.
A change must have happened but they chose not to tell me the detail in the letter.
Alternatively they are mistaken and owe me some more of the NI money I have already fully paid into the system.
You should get a larger private pension after paying lower NI payments towards your state pension.I opted out years ago, God knows where that money is or how I find it?
I wouldn’t hold your breath for that.Because of them Tory twats people will be getting taxed on their state pension unless labour get in an change the personal allowance
Yes, that's what happened to me. The SERPS element of my SP went to a separate pension scheme with Royal London which they invested for 27 years. And that money (approx 80k if I remember) along with my own money I put every month into another Royal London pension (approx 50k) enabled me to take retirement at 62.5 years , until I got my state pension at 66 years old.You should get a larger private pension after paying lower NI payments towards your state pension.
Honestly, you need to go and find it.I opted out years ago, God knows where that money is or how I find it?
I’d take it now, purely because you don’t know how long you would live why not have it now and get all those years from it.Bit of advice needed if possible please. If someone inherited a deceased partners NHS Pension which was 15 years paid into, but didn't want to instantly take it . Then would it grow from the deferred date to the point of when it was then taken in the future. Or would it be frozen from point of death until the future date it was claimed. Thanks in advance for any advice.
Cheers pal. Not sure who the pension was with but had something through a few years ago saying I had approx £10,000 in an account, Pelican on the letter. I assume that could be it so probably need to get in touch with them as I’m planning on semi-retiring in 3 years.You should get a larger private pension after paying lower NI payments towards your state pension.
I have no idea.I opted out years ago, God knows where that money is or how I find it?
A lot of small info in that post. Would need more clarity to advise with any kind of accuracy. I think from date of death.This would be small money too, not much at allBit of advice needed if possible please. If someone inherited a deceased partners NHS Pension which was 15 years paid into, but didn't want to instantly take it . Then would it grow from the deferred date to the point of when it was then taken in the future. Or would it be frozen from point of death until the future date it was claimed. Thanks in advance for any advice.