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MSE News: Deferring your pension set to be worth less from 2016
Comments
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you can't have it both ways!
Oh yes you can. You are allowed to defer twice. So if you defer for, say, three years and take the lump sum and a few weeks of pension, you can then accumulate some extra pension by "deferring" a second time. Easy-peasy.Free the dunston one next time too.0 -
Oh yes you can. You are allowed to defer twice. So if you defer for, say, three years and take the lump sum and a few weeks of pension, you can then accumulate some extra pension by "deferring" a second time. Easy-peasy.
But you'll still have lost altogether the earlier period of the 10.4% pa uplift if you take the lump sum. The second deferral may gain you a further period of increase, but the first period will have gone.
You really can't have it both ways.0 -
But you'll still have lost altogether the earlier period of the 10.4% pa uplift if you take the lump sum. .
Well, of course she will. She's already doing very well at the expense of her fellow taxpayers by enjoying this ludicrously extravagant system; you can't reasonably expect further extravagance.
You also seem to be confused when you writeThe concern is that she could lose all the deferred pension, with nobody (government apart) getting any benefit from it.a spouse can inherit the lump sum on reaching pension age, but only part of the higher pension.Free the dunston one next time too.0 -
Well, of course she will. She's already doing very well at the expense of her fellow taxpayers by enjoying this ludicrously extravagant system; you can't reasonably expect further extravagance.
You also seem to be confused when you write and then contradicting yourself with
As you wish. I'll leave you to your thoughts.0
This discussion has been closed.
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