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  • FIRST POST
    • steve-me5
    • By steve-me5 6th Mar 18, 8:22 AM
    • 13Posts
    • 3Thanks
    steve-me5
    Pension Tracing
    • #1
    • 6th Mar 18, 8:22 AM
    Pension Tracing 6th Mar 18 at 8:22 AM
    Any advice please on how to approach a company regarding pension tracing - my parents both worked for a large UK company for a combined total of about 40 years - mum passed away last year but dad is still here with dementia - before he lost capacity i asked if he had ever opted out the company pension and without any hesitation he said no - am finding it very difficult to believe that both parent would have voluntarily opted out of, what at the time and probably still is, a very good company pension? i have contacted the pension company once already with a cursory email and they say they can find no trace of my parents ever paying in to a company pension - is there anything more i can do regards tracing? are there any other records anywhere which could be traced or is everything with the pesnion administrators? ( i have LPoA) - thanks in advance
Page 2
    • Brynsam
    • By Brynsam 8th Mar 18, 1:29 PM
    • 1,161 Posts
    • 781 Thanks
    Brynsam
    NI Cat C (top line) means over State pension age, so no NI is payable. Your dad must have reached 65 earlier that year, hence the 45.12 balance.

    More worrying is the absence of company pension contributions. Can you find any earler payslips? Some pension schemes didn't permit contributions over State pension age.
    Originally posted by Silvertabby
    In 1999, very few company pension schemes allowed/required contributions beyond the scheme's retirement age - and it is highly unlikely this would have been higher than 65, so the absence of pension contributions is no surprise. If your father worked beyond retirement age and drew his pension after he left service, he would have been given an increase in the starting level of his pension known as a 'late retirement factor' increase.

    The real issue is whether he ever belonged to the pension scheme. The GEC scheme has a complex history and you might find some expert help based on all the fact you can supply would be more use than posting piecemeal bits of information on this site. Try https://www.pensionsadvisoryservice.org.uk/pension-problems/making-a-complaint/common-concerns/lost-pensions.
    • steve-me5
    • By steve-me5 8th Mar 18, 1:41 PM
    • 13 Posts
    • 3 Thanks
    steve-me5
    NI Cat C (top line) means over State pension age, so no NI is payable. Your dad must have reached 65 earlier that year, hence the 45.12 balance.

    More worrying is the absence of company pension contributions. Can you find any earler payslips? Some pension schemes didn't permit contributions over State pension age.
    Originally posted by Silvertabby
    mum was already 60 in june earlier that same year so guess thats why cat c ni, as dad was still 63 so under 65 at this point
    Last edited by steve-me5; 08-03-2018 at 1:46 PM.
    • Silvertabby
    • By Silvertabby 8th Mar 18, 1:48 PM
    • 2,879 Posts
    • 4,103 Thanks
    Silvertabby
    mum was already 60 in june earlier that same year so guess thats why cat c ni, as dad was still 63 so under 65 at this point
    Originally posted by steve-me5
    It does like your mum may not have been in the pension scheme, then. Which just leaves your dad - any sign of any of his payslips?
    • xylophone
    • By xylophone 8th Mar 18, 5:10 PM
    • 25,599 Posts
    • 15,130 Thanks
    xylophone
    http://rochesteravionicarchives.co.uk/about-us/history-elliott-brothers/

    https://www.baesystemspensions.com/362/bae-systems-2000-pension-plan


    his state pension seems to be 'average'
    Your father retired from BAE and started to receive his state pension around 2002?

    What does his Statement of Benefits show for Additional State Pension?
    • steve-me5
    • By steve-me5 8th Mar 18, 6:48 PM
    • 13 Posts
    • 3 Thanks
    steve-me5
    Your father retired from BAE and started to receive his state pension around 2002?
    What does his Statement of Benefits show for Additional State Pension?
    Originally posted by xylophone
    ive just found his final two handwritten pay statements january 97 final salary and redundancy payment - NI is on there but no mention of category but it is about 10% ish figure - only deductions are NI and paye
    Last edited by steve-me5; 08-03-2018 at 6:52 PM.
    • xylophone
    • By xylophone 9th Mar 18, 12:32 AM
    • 25,599 Posts
    • 15,130 Thanks
    xylophone
    http://www.taxhistory.co.uk/National%20Insurance%20rates.htm
    It would seem that your father was contracted in to SERPS.
    • steve-me5
    • By steve-me5 9th Mar 18, 8:32 AM
    • 13 Posts
    • 3 Thanks
    steve-me5
    thanks for all the replies - was worth a search
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