D
dbyrne12
Guest
I have just received a Notional Service offer from the Dept of Education.
I would have only 25 years service at retirement so I really need to buy back years.
Before public service, I worked in the private sector and was told to move my old pension into a Pension Bond (which earns 4% a year or the rate of inflation, whichever is less).
The form for the Notional Service purchase asks
"If you gave pensionable service under any superannuation scheme other than the secondary teachers superannuation scheme, please give the following details:
1. Name of scheme: _________
2. Have you received or are you entitled to retained benefits under the above occupational pension scheme, e.g. pension continutaion benefits, lump sums, gratuities and refunds of superannuation contributions (please give details and indicate if reward has been repaid)."
It is difficult to get through to them to clarify this. Is there a chance that having had a pension in the past will exclude me from buying back years the way that I want to?
If anyone has been through this process, it would be great to hear what you did.
Thanks in advance
I would have only 25 years service at retirement so I really need to buy back years.
Before public service, I worked in the private sector and was told to move my old pension into a Pension Bond (which earns 4% a year or the rate of inflation, whichever is less).
The form for the Notional Service purchase asks
"If you gave pensionable service under any superannuation scheme other than the secondary teachers superannuation scheme, please give the following details:
1. Name of scheme: _________
2. Have you received or are you entitled to retained benefits under the above occupational pension scheme, e.g. pension continutaion benefits, lump sums, gratuities and refunds of superannuation contributions (please give details and indicate if reward has been repaid)."
It is difficult to get through to them to clarify this. Is there a chance that having had a pension in the past will exclude me from buying back years the way that I want to?
If anyone has been through this process, it would be great to hear what you did.
Thanks in advance