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.
DB Pension take lump sum or not?
Comments
-
I'm going to opt for the minimum PCLS from my tiny civil service pension when they can finally sort it out (it is now overdue). I am likely to be over the LSA anyway so if this small DB pension is only the lettuce in my BLT of fixed retirement income it is still worth having the extra. Every little helps - as I've heard they say in Tesco's
🐻 A little FIRE lights the cigar0 -
I took the maximum lump sum from one and no lump sum from the other as the commutation factor of 34 was too good to say no to.
3 -
@Littleowl007 if you are happy to share, what was the final decision, and more importantly, down the line from it are you both still happy with same, or have any niggles or regrets set in?
butterfly )i(0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.6K Banking & Borrowing
- 254.8K Reduce Debt & Boost Income
- 456.1K Spending & Discounts
- 248.2K Work, Benefits & Business
- 605.8K Mortgages, Homes & Bills
- 179K Life & Family
- 263.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards

