Re advice as we dont know what to do

mrstiduup

Hi my hubby used to work for the NHS and has just received a preservation notification. When he reaches 60 (another 20 to go)
The NHS scheme was left 22nd june 2007
and he was a member of the pension from october 1997 - june 2007

It says they have preserved the above membership using a penshionable pay figure of £19,523.03

It says £2,599.50 a year pension

Lump sum £7798.51

This says they will hold the beneffits untill they pay them

spouse pension is


I am not working and at present we are not paying into a pension scheme

help what do we do, I dont understand what to do

many thanks
£1,299.75 a year( i presume that is if I become a widow)

EdInvestor

mrstiduup wrote: »

It says £2,599.50 a year pension

This will be increased (as will the spouse pension and lump sum) by up to an average of 5% a year until retirement to cover inflation. So it will keep its value.

help what do we do, I dont understand what to do

You don't need to do anything.

If you want to check your other pension provision, you can get a forecast for your state pension(s) - there are two - here:

https://www.the pensionservice.gov uk.

Do your new employers offer a pension scheme?

mrstiduup

Hi many thanks, I will get hubby to look at that website and find out about a work one. We havent be too organised about it, its hard when its a subject that you dont really know much about
thanks x