Hi all,
I am in a DB pension with a semi state company.
I don't really know a whole lot about my pension but I really do want to know how it works. I get a statement every year and the last one said my projected retirement benefits at NRA (Normal retirement age, which will be 65) is €17,099 per year with a lump sum of €90K. The state pension has to be added to this, which i will only get from 67 (is that correct?) so there's a 2 year gap where i am on the 17k PA, which works out at €328 per week. Does this seem about right?
This is after 17 years service.
I am in a DB pension with a semi state company.
I don't really know a whole lot about my pension but I really do want to know how it works. I get a statement every year and the last one said my projected retirement benefits at NRA (Normal retirement age, which will be 65) is €17,099 per year with a lump sum of €90K. The state pension has to be added to this, which i will only get from 67 (is that correct?) so there's a 2 year gap where i am on the 17k PA, which works out at €328 per week. Does this seem about right?
This is after 17 years service.