Pensions

[Sean Regan]

For those in receipt of the State Pension like me, they'll be receiving notice of their pension increase from 1st April. It's about 2.8%

But there's some good news if you will be turning eighty this year, you'll be getting and additional 25p a week!
Was that really worth mentioning?

 

[Giri]

Another 4.64 Euros?
I may have to go offshore ...

It´s a bit quiet now the Origami group has folded.

 

[Sean Regan]

Another 4.64 Euros?
I may have to go offshore ...

It´s a bit quiet now the Origami group has folded.

I'm one of the fortunate ones. I had a 40/60ths company pension and I contributed the maximum I could into AVCs for about fifteen years, this brings your personal pension contributions up to 15% of your salary. Not evenone could afford to do that. But I could once all three kids had left home.
Retiring at the beginning of 1998, I had to take my AVCs "pot" as an annuity. It pays 10%. If I'd delayed my retirement by a couple of years and went at 60, I'd have been lucky to have got 6%. Now you get naff-all.