I
IsleOfMan
Guest
I took a redundancy package a couple of years ago from my employer at age 48. I was in a defined benefit pension scheme. At the time I asked my company to deduct a sum of money and place this in my pension to top it up.
It was only a year afterwords that I discovered that my company had reduced my redundancy by the required amount and placed it in a separate defined contribution scheme. I would have thought that they could have topped up my defined benefit scheme or is this incorrect.
It was only a year afterwords that I discovered that my company had reduced my redundancy by the required amount and placed it in a separate defined contribution scheme. I would have thought that they could have topped up my defined benefit scheme or is this incorrect.