Final Salary Pension scheme
In message , DB.
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"BigGirlsBlouse" wrote in message
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"rick stevens" wrote in message
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Hi
Not sure if this is the right newsgroup to ask this, but here goes.
As part of a TUPE process, I have been given a one off chance to join
my new employers final salary pension scheme.
IMHO you grab it quick before the employer takes it away.
remainder snipped
You clearly know much about these matters, Rick.
I've been retired many years and was on a final-salary scheme when I
was working.
My pension is index-linked. I've not noticed any mention of
index-linking when these matters are discussed here. Is I/L implicit in
a F/S scheme, or am I just fortunate?
Mine is index-linked to the RPI, but capped at 3% indexing.
We got less than 1% this year...
Sadly, my wife dumped me some years ago but my scheme would have
given my widow a 'half-pension' for her remaining years. Is that common
with these schemes?
I am a widower, my FS Pension scheme would pay out 50% if I re-married,
provided that my new wife was not more than 10 years younger than
myself. Other schemes may vary, don't you still have the handbook of
yours, or receive newsletters, or does the scheme have a web site?
--
Gordon H
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