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Local government pension scheme
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CSL50
Posts: 12 Forumite
I have requested a retirement pack as 55 in March to take early retirement from deferred benefit status..
Just received figures that was run on figures that were payable from today ie when I am 54. The confusing bit is
Plus Pension Increase (1.378126) payable from.age 55
When this amount is added it looks correct. Is this a yearly payment or a one off?
Thankyou
Just received figures that was run on figures that were payable from today ie when I am 54. The confusing bit is
Plus Pension Increase (1.378126) payable from.age 55
When this amount is added it looks correct. Is this a yearly payment or a one off?
Thankyou
0
Comments
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Sound like it is increase based on inflation. Your deferred pension would maintains it's value in real terms.1
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Hi yes you are right ,thank you. manged to speak to pensions depth and they said it gets added at 55.0
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