Pension

#1
I left the mob in 2003 joined in 1978 I'm 55 next year and I'm under the impression my pension will rise the thing is I don't know how much by could anybody help me with some advice I have been told that all the years in between me leaving until you are 55 are added together and Calculated to give you a new amount personally I can't believe that just need some advice
 
#3
Thank you very much for your help as with everything the mod does with money it is as clear as mud but I think I have a good idea
 

(granny)

RIP
Book Reviewer
#5
Just had a random sobering thought.... A guy born the year that I retired, 1974, Could now be a pensioner himself! I must take a pill and have a rest. :D
 

Sumo

War Hero
#6
Just had a random sobering thought.... A guy born the year that I retired, 1974, Could now be a pensioner himself! I must take a pill and have a rest. :D
you left the year I joined and I have had a pension since 1998.

Doc 62 there are many factors, rate, commutation, inflation. Most have talked on here of having increases over 70% with some during the high inflation years <100%
 
#14
Either way Vauxhall your a gent, so here's question 2 where do we find out our pre commutation pension do we get it from our pension people? I ain't got no paperwork left From when I left the good old Andrew
 

vauxhall

Lantern Swinger
#15
If you haven't got the paperwork, the only way you can find out what your original award was is to ask Veterans UK and the following address:


Pensions Division

Mail Point 480

Kentigern House

65 Brown Street

Glasgow

G2 8EX
 
#18
Cheers taff that seems like a nice rise trouble is I will get hammered at the 40% tax rate because of existing job but I thought this would happened can't get out past the taxman can we even though we gave them a quarter of a century of service.
 
#20
I left in 2003 as a chief after 22 yrs. I was on £509 and it went up to £905 at 55
Cheers taff that seems like a nice rise trouble is I will get hammered at the 40% tax rate because of existing job but I thought this would happened can't get out past the taxman can we even though we gave them a quarter of a century of service.

I left in 2000 - again as Chief after 22. On £459 on leaving and that went up to £859 last year.
As Doc62 alluded - tax is hit due to salary and so called free company health insurance (included in tax calcs as a benefit)
 
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