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to move or not to move?
coffeemonster*123
Posts: 76 Forumite
Hubby has a pension of @ 25 years (contracted out) with well known provider....
...changed job, now firefighter. He has opportunity to move pension to fire service pension. Advise appreciated if this is a good idea?
thanks:D
...changed job, now firefighter. He has opportunity to move pension to fire service pension. Advise appreciated if this is a good idea?
thanks:D
0
Comments
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coffeemonster*123 wrote: »Hubby has a pension of @ 25 years (contracted out) with well known provider....
...changed job, now firefighter. He has opportunity to move pension to fire service pension. Advise appreciated if this is a good idea?
thanks:D
It can be.
What kind of pension is it? If final salary then you would need to compare both schemes.
If it's a money purchase scheme - ie Personal Pension, Stakeholder - what is the current value and how many years would it buy in the firefighters' scheme?0 -
they say its @ 45k and would buy 6 years of pension.
Does that make any sense?0
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