Keeping Track of Different Pension Payments - how ?

portoman

Hi

I work as a teacher and over the years I have paid into a few different schemes because the work has been for different institutions and sometimes the work has only been for 6 months, 3 months, 2 years, or 9 years ! So my questions :
1 ) What happens when I reach retirement age - do I get notification of which schemes I have paid into ?
2) Is there a way of tracking what schemes I have paid into over the years (not just with teaching but any pension plan) ? By this I mean one places that will have these details ?

dunstonh

1 ) What happens when I reach retirement age - do I get notification of which schemes I have paid into ?

You keep your own records.

2) Is there a way of tracking what schemes I have paid into over the years (not just with teaching but any pension plan) ? By this I mean one places that will have these details ?

There is a tracing service but keeping your own records is far better. It only means you have to keep them notified of your current address

xylophone

Do you know the name of each scheme and the type of pension concerned?

mgdavid

xylophone wrote: »

Do you know the name of each scheme and the type of pension concerned?

And if not, why not?
Are you IT literate, can you use excel?

portoman

No that's the problem. There is only one scheme that I'm aware of. The others I don't recall.

LHW99

If you know who you were working for maybe:

https://www.gov.uk/find-lost-pension

could help?

jem16

portoman wrote: »

No that's the problem. There is only one scheme that I'm aware of. The others I don't recall.

When you say you are a teacher but working with different institutions, were they all using the Teachers' Pension Scheme or not?

portoman

I do have Teacher's Pension details yes. It was just that there have been a couple of others. Either way, none of have contributed significantly to anything!

p00hsticks

With some schemes, you may find that if you were only in them for a short amount of time your contributions were actually refunded (less tax & NI) when you left the job.

You should always make sure that your pension schemes have a current address for you so that they can communicate as necessary.

dunstonh

With money purchase schemes, you get an annual statement. So you just need to keep them up-to-date with your address.

For defined benefit schemes you do not get an annual statement but you still need to keep them up-to-date with your address changes.

it is unclear what you are asking. Your thread title asks how to keep track of pensions. However, have you actually lost information on the pensions and can find no records?