ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE
ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!
buydown pension query
-
billyboy123
- Posts: 125
- Joined: 10 Nov 2011, 18:31
- Gender: Male
buydown pension query
Does anyone know if you take a buy down if its effects the lump sum of the pension you have put in before the pension changed in 2010 ? as I had a figure for a buy down to 5 hrs a week and also a figure for vr the figure for vr was about 6000 more than the buy down but included the my pension lump sum. what I need to know if I took the buy down would I still be getting my lump sum and pension if I claimed it when I reach 60 in 2 years time ?would appreciate any advice thanks.
-
osgoody1970
- EX ROYAL MAIL
- Posts: 360
- Joined: 21 Jun 2011, 13:44
- Gender: Male
Re: buydown pension query
heard, buy down seriously effects your pension!!!
-
dvbuk55
- EX ROYAL MAIL
- Posts: 16650
- Joined: 02 Jun 2007, 19:17
- Gender: Male
Re: buydown pension query
I think that it would depend on your age.osgoody1970 wrote:heard, buy down seriously effects your pension!!!
-
billyboy123
- Posts: 125
- Joined: 10 Nov 2011, 18:31
- Gender: Male
Re: buydown pension query
am 58 now
-
dvbuk55
- EX ROYAL MAIL
- Posts: 16650
- Joined: 02 Jun 2007, 19:17
- Gender: Male
Re: buydown pension query
I took it at 59 then my pension 8 months later, the only down side is the tax manbillyboy123 wrote:am 58 now
