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Teachers pension Vs people's pension

Matt_22 · 2024-04-05 07:34:04

How much more valuable is a teachers pension as opposed to a people's pension with the employer paying the minimum contribution around 3%

Comments

zagubov Posts: 17,943 Forumite

5 April 2024 at 6:23PM

I retired and now collect the TPS. It's as good as everyone else says. It's a very low-key process,
You tell them when you want to retire, they will go into radio silence and never hear from them until on the first day of your retirement when the money-elves quietly stuff money into your bank account.
You can't change your mind so you need to pick your retirement date very carefully. More so if you want to work part-time afterwards.

There is no honour to be had in not knowing a thing that can be known - Danny Baker
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