We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

n h s pension

2»

Comments

  • calcotti
    calcotti Posts: 15,696 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 10 January 2019 at 5:46PM
    xylophone wrote: »
    It may be that there is an automatic retirement lump sum which cannot be reverse commuted.

    In the 1995 scheme the lump sum was defined as a minimum of 3 x the annual pension (with an option to increase up to a maximum value).

    The 2018 scheme gives members a choice about how to apportion lump sum and pension.

    The 2008 scheme I think also gives members a choice but many people in it were switched to it from the 1995 scheme in which case they are required to take as a minimum a lump sum equivalent to what had been built up in the 1995 scheme before they switched.
    Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.
  • i am on the 2008 pension I'm 65 beginning of may i have just received notification that we are not entitled to u c due to our income , the thing is we have not had any payments anyway my wife was getting d l a which we hope that they have not stopped, i was also due for a medical next week so i can assume that is cancelled, the whole thing has been a farce and very stressful .
  • calcotti
    calcotti Posts: 15,696 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    As previously advised DLA will not have stopped as a result of UC claim, completely separate from UC. Similarly if your wife gets contribution based ESA that will not stop as a result of UC claim either - although it will obviously depend on outcome of her recent medical review that you mentioned.
    Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.