Transferred pension, now leaving job after 18 months

TeaAndToast_2

Hello,

Around 18 months ago I had a pension of around 20k transferred into my then new job. I've just left in my notice, and will be to looking for a new job. So...

From what I've read, I can get a pension refund if less than two years employed.

If possible I would like to keep the 20k transferred there so as not to have it taxed, and well for my future. I would only like to remove the pension funds accumulated from my current 18 month employment. Is this possible?

Thanks for the read
T&T

Seabee42

I would check with your scheme administrator but in our scheme if you transferred a benefit in you would then not be able to take a refund.

dunstonh

From what I've read, I can get a pension refund if less than two years employed.

Only if its a defined benefit pension and that is what it says in their scheme rules. (some occupational money purchase schemes may as well). However, the transfer in may have ended that option as you cant get the transfer amount paid back to you.

If its a group personal pension you wont.

TeaAndToast_2

Much appreciated.