Mercer : Pensions managed by Mercer- Very poor non existent customer service.

Cashing in Pension

Thanks LD,

I was 4.5 years in a defined contribution pension scheme and left before the five years vesting. That was in 1999. So, I lost all the money my employer added. It is just the accumulated value of my AVCs. It was worth about 6,000.00 euros in 2006 and I believe I will receive current value minus 25% if I encash. I can then invest that is in my self-employed PRSA with the 41% tax allowance.

Still no word from Mercer :). The story seems to be :- leave a message on our answering machine and we will ignore it.

Regards,
Gearoid
 
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