Ready, steady… save!
You don’t need a chart to join in. Here are 2 ways to record your savings:
1. Cross it off
Pop a chart into your first post. Saved an amount? Cross it out! Read more »
£0.01 £0.02 £0.03
2. Write it down
Skip the chart and add updates to your first post. Read more »
“Another +£3 saved today. Go me!”
Use +£ before each new saving so it counts towards your total.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Joining the MPGS
Fabio79
Posts: 16 Forumite
Hi there i'm coming to the end of my 22 yrs and considering joining the MPGS. I will be 39 yrs old when i leave and the benefits of joining are i can keep my married quarter and continue to save until my investments come in when im 45 yrs old.
I'm a Petty Officer in the Navy so does anyone know if i'm able to take my full pension on 22 yrs and work for the MPGS or do i have to have a reduced rate of pension whilst working for them?
Regards
I'm a Petty Officer in the Navy so does anyone know if i'm able to take my full pension on 22 yrs and work for the MPGS or do i have to have a reduced rate of pension whilst working for them?
Regards
0
Comments
-
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/403164/20131112_FAQs_V140.pdf
Seems it could be complicated
Never associate with idiots on their own level, because, being an intelligent man, you'll try to deal with them on their level - and on their level they'll beat you every time.
Being hated by idiots is the price you pay for not being one of them.
Jean Cocteau 1889-1963
0 -
If your pension is £8000 at 22 years (for example). When you reach 22 years + 1 day, your effectively working for £8000 less.
Choose wisely..... id rather work somewhere else part time, and have Pension topup.0 -
Morning,
At the moment my pension after my 22 years will be £9680 a year so with the prospect of having to move over to a new pension with the MPGS i think that wouldn't be wise.
When you mention a pension top up does that mean working part time to add to it?
Regards0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.9K Banking & Borrowing
- 255K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606.1K Mortgages, Homes & Bills
- 179.1K Life & Family
- 264K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards