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reclaiming pension
sandyporter
Posts: 1 Newbie
i have just left a job in which i contirbuted to my own pension out of my wages, the job did not contribute anything to this pension, am i able to reclaim this pension as i could really use the money right now. 
0
Comments
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Assuming it's a personal pension then no - you can't access it till age 55 ( or 50 till April 2010 ) and then only 25% as a tax free lump sum.
If it was a final salary pension it depends on how long you contributed to oit.0 -
Assuming it's a personal pension then no - you can't access it till age 55 ( or 50 till April 2010 ) and then only 25% as a tax free lump sum.
If it was a final salary pension it depends on how long you contributed to oit.
I'd be amazed if they were running a final salary scheme that the company didn't contribute to. If I were to hazard a guess, it would be a designated stakeholder plan in which case the top point applies.0 -
chickencow wrote: »I'd be amazed if they were running a final salary scheme that the company didn't contribute to.
I'd be amazed too. I mentioned it just in case the OP doesn't actually know what he/she has.0
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