pension questions

s.foster

hi out there.i am a ex service man living in germany and shall be recieving my preserved pension at the age of 60yrs can any one tell me the reasen why i am intitield to a lump sum of money when i reache the age of 60 yrs. i am not conplainig but i would like to know why

jem16

s.foster wrote: »

hi out there.i am a ex service man living in germany and shall be recieving my preserved pension at the age of 60yrs can any one tell me the reasen why i am intitield to a lump sum of money when i reache the age of 60 yrs. i am not conplainig but i would like to know why

Many Defined Benefit schemes such as yours have a pension and an automatic lump sum. It's just part of the benefits.

s.foster

ok thanks very much for the info all the best for thhe new year

xylophone

https://www.moneyforce.org.uk/Managing-money/Plan/Pensions/Military-pensions/Armed-Forces-Pension-Scheme-1975