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NHS pension help
mumibear
Posts: 173 Forumite
I have a small 1995 NHS pension - my latest statement shows a £6k lump sum and a £2k per year pension. I am no longer contributing to that scheme as have been moved over to the 2015 scheme. I am planning to leave within the next 12 months. Wanted to have a rough idea of a cetv as wanting to put pension into a sipp but would need to apply to get the figure which will only last for 3 months basically just needed an idea - will it be over £30k in which case I would need ifa....anyone any ideas of a ball park figure?
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Wanted to have a rough idea of a cetv as wanting to put pension into a sipp
Nil will be the CETV. Not possible since 2015.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.2 -
I don't think you can take a CETV from the NHS Scheme unless you have less than 2 years service, though I may be wrong.mumibear said:I have a small 1995 NHS pension - my latest statement shows a £6k lump sum and a £2k per year pension. I am no longer contributing to that scheme as have been moved over to the 2015 scheme. I am planning to leave within the next 12 months. Wanted to have a rough idea of a cetv as wanting to put pension into a sipp but would need to apply to get the figure which will only last for 3 months basically just needed an idea - will it be over £30k in which case I would need ifa....anyone any ideas of a ball park figure?
After 2 years service you can only transfer to another defined benefit scheme.1
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