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Another Age65 benefits question
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stevenw59
- Posts: 5
- Joined: 02 Aug 2010, 16:39
- Gender: Male
Another Age65 benefits question
I've just received my benefits estimate for when I turn 65 in May. After researching here I've discovered that after I take my benefits I stop paying into the plan. I've also read that there is some plan with Scottish Widows that I could be part of until I get my state pension and retire at 66. I find the whole pensions thing confusing so if someone more enlightened could point me in the right direction or just give me the pros and cons, I would be most grateful. Thanks
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Jack1960
- EX ROYAL MAIL
- Posts: 333
- Joined: 05 Jan 2016, 17:39
- Gender: Male
Re: Another Age65 benefits question
Yes I paid into scottish widows plan you pay 6 percent and RM 10percent..
It wasn't automatic I had to go online and download the form.
It wasn't automatic I had to go online and download the form.
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stevenw59
- Posts: 5
- Joined: 02 Aug 2010, 16:39
- Gender: Male
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Jack1960
- EX ROYAL MAIL
- Posts: 333
- Joined: 05 Jan 2016, 17:39
- Gender: Male
Re: Another Age65 benefits question
I don't know if you carry on paying into the cash balance so it's worth looking into it as RM pay 13.6 as opposed to 10.