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Lgps
polardesign
Posts: 36 Forumite
I am due to retire in December with my Surrey County Council Pension due to be payed in January. (£50,000 lump sum plus monthly payments)
With the Credit crisis, is my pension safe..
Should I be worried
With the Credit crisis, is my pension safe..
Should I be worried
0
Comments
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No, you should feel very smug and lucky0
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If it's a final salary pension scheme then it should be fine.[FONT=Times New Roman, serif]Æ[/FONT]r ic wisdom funde, [FONT=Times New Roman, serif]æ[/FONT]r wear[FONT=Times New Roman, serif]ð[/FONT] ic eald.
Before I found wisdom, I became old.0 -
It is not final salary based.
I left the Surrey Council 8 years ago when my depot was taken over by Atkins Transport Management0 -
So are you saying that you are not with the LGPS despite your title? The LGPS is final salary hence previous comments.
Who is your pension with then?
Or are you saying that you were with the LGPS and you left 8 years ago but your pension is still with them? If so it is still a final salary scheme and the final salary is the salary at time of leaving plus index-linking for the last 8 years.0
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