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Pension Value
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gdn1947
Posts: 16 Forumite
Hi
I am due to take early retirement in December at age 61 from a private company with a final salary pension scheme of which I have been a member for 20 years. Can anyone offer any advice as to the likely effect on the value of the pension due to the current turmoil. For information the company forecast a pension of £16500 back in June.
Thanks and best regards,
GDN
I am due to take early retirement in December at age 61 from a private company with a final salary pension scheme of which I have been a member for 20 years. Can anyone offer any advice as to the likely effect on the value of the pension due to the current turmoil. For information the company forecast a pension of £16500 back in June.
Thanks and best regards,
GDN
0
Comments
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Final salary pensions are linked to your earnings and your length of employment so you shouldn't see any difference in the pension you recieve unless:
1) The company changes the terms/funding arrangements between now and December.
2) The company goes bust.FIRE !!!0
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