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Will a drop in weekly hours affect pension?
grumpyoldgal
Posts: 98 Forumite
Hello
due to changes in working patterns I am considering dropping 1.5hrs per week so that I don't have to accrue hours owed and work an extra day every 8 weeks or so.
Just makes life a little easier not having to think about it, but I am not sure if it would impact on my final pension other than in a small way?
I am employed by the NHS, have 32 years unbroken service and have always worked full-time.
Many thanks
due to changes in working patterns I am considering dropping 1.5hrs per week so that I don't have to accrue hours owed and work an extra day every 8 weeks or so.
Just makes life a little easier not having to think about it, but I am not sure if it would impact on my final pension other than in a small way?
I am employed by the NHS, have 32 years unbroken service and have always worked full-time.
Many thanks
0
Comments
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The only difference it will make is that you will accrue less service. For example if you worked part time for half the week then you would accrue half a year's service instead of one full year.
Your pension is always worked out on the full-time equivalent salary.0 -
I would accept a small drop in pension later on for a better life now, who knows if you will even get your pension, just saying....................0
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