very small pensoin.

catford

I am getting a very small pension payment each month from s/life-by small I mean £6-£7. As it's such a small amount is there any way I could get the money and not have the pension??
I am 58 and still working.;)

dunstonh

Had you not crystallised the pension then you would have been able to. However, once crystallised, you cannot change it.

catford

dunstonh wrote:

Had you not crystallised the pension then you would have been able to. However, once crystallised, you cannot change it.

dunstonh--what does "crystallised" mean-I never heard that before??:o

dunstonh

crystallisation is the official term used when you take benefits from a pension. i.e. Mature the pension, take the pension commencement lump sum (used to be called tax free cash) and purchase an annuity (that hasnt changed name )