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Join LGPS for 56 year old.....worth it?

aries1 · 2013-04-14 15:01:20

Hi guys looking for some advice please. Not sure whether to opt into this or not ??? What would you do ? Times are hard for me and I could really do with the £38 pension contribution in my pocket now but am I being very short sighted? I am told that if I made that contribution to the scheme for the next 9 years until…

Comments

seven-day-weekend Posts: 36,755 Forumite

15 April 2013 at 1:32PM

I was in the LGPS for slightly less than ten years and am about to draw a Pension of £60 a week .

You won't miss £30 that much and will regret not doing it when your retirement comes.

(AKA HRH_MUngo)
Member #10 of £2 savers club
Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton
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