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Can someone explain this part of Teachers Pension for me Please

If I have paid for 3 year buyout to aged 65 instead of 68 and I cease employment at age 60. Does this still mean everything I have accrued/banked can still be taken without any actuarial reduction at age 65 or is the buyout a commitment to stay in employment until age 65 too? (including Faster Accrual and Normal Pension banked).

Comments

  • Dox
    Dox Posts: 3,116 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Best people to confirm this to you would be Teachers' Pensions: https://www.teacherspensions.co.uk
  • ok thanks for this
  • tacpot12
    tacpot12 Posts: 9,528 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    Just be careful to phrase your question so that it doesn't sound like you are asking for advice. They can't give you advice and might avoid telling you something that is useful/correct, but which might sound like advice.
    The comments I post are my personal opinion. While I try to check everything is correct before posting, I can and do make mistakes, so always try to check official information sources before relying on my posts.
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