* *
Welcome, Guest. Please login or register.
Did you miss your activation email?
06-12-19, 04:07AM

Login with username, password and session length

Recent

Members
Stats
  • Total Posts: 62728
  • Total Topics: 1103
  • Online Today: 132
  • Online Ever: 826
  • (23-02-15, 06:44PM)
Users Online
Users: 2
Guests: 102
Total: 104

Author Topic: DP Pension  (Read 2497 times)

Bronkone7

  • VLH Supporter
  • Newbie
  • ******
  • Posts: 1
DP Pension
« on: 07-08-19, 07:27PM »
As Pensions are too complicated for me,can anyone tell me what’s happened to the Pension I paid between 2008 & 2015. Has it been put aside for when I retire. :)  Thanks for any help.

Nomad

  • Administrator
  • Sad Muppet
  • ******
  • Posts: 6744
  • Who dares, wins.
Re: DP Pension
« Reply #1 on: 07-08-19, 07:32PM »
As a supporter you are able to use the "Search" facility, enter the word search and select topic subject only, lots of threads on the subject of pensions.
Nomad ( Forum Admin )
It's better to be up in arms than down on your knees.

his scots tie

  • VLH Supporter
  • Smart Arse
  • ******
  • Posts: 555
Re: DP Pension
« Reply #2 on: 07-08-19, 09:27PM »
You can take your pension anytime from age 55.

Baker1961

  • VLH Supporter
  • Newbie
  • ******
  • Posts: 17
Re: DP Pension
« Reply #3 on: 08-08-19, 11:30AM »
Yes its yours, it's a fixed income pension called a defined benefit, you can check how much is in it by ringing the pension line in our tesco I think it's in,  or the colleague room the new pension is with Legal and General and is defined contributions pension.

tomsawyer

  • Newbie
  • *
  • Posts: 4
Re: DP Pension
« Reply #4 on: 09-08-19, 02:16PM »
Bronk

The benefit you have under the old scheme will be based on your period of membership and earnings at the time the scheme ended. This is your basic entitlement which will have a level of inflation proofing added each year from the date the old plan ended up to when you retire.

We used to get details with our annual benefits flyer, but I haven't seen it in that for a couple of years.