I had the exact same experience, but had to find out this myself, no one will tell you, about transferring pensionable serviceIn some cases you can get the employer contibution if you transfer another pension in to that pension. They will count the service from the other pension which will bring you over the 2 years. I did this before and got to keep the full value
Yes, you can, so long as that transfer from Job 1, is executed, and, the pensionable service is noted, as part of the transfer,I've never heard of this and it sounds interesting.
As another example: if I had 2 years pensionable service in job 1, then leave that job and start in job 2 that pays employer contributions from the start. If I transfer pension from job 1 into job 2 pension scheme and I leave job 2 before 2 years, can I keep employer contributions from job 2?
Yes, you can, so long as that transfer from Job 1, is executed, and, the pensionable service is noted, as part of the transfer,
eg the job 2 pension scheme, receive the record of the pensionable service, when the funds transfer is made.
When i dug into this, the idea, is that the 2 year restriction on keeping employer contributions, should (in theory at least) be limited to 2 years Max, for the working lifetime of an individual.
It is there, to prevent employees who change jobs regularly, (which is not uncommon), from being effectively discriminated from keeping employer contributions, as a result of changing employments regularly, which is common in many types of employment.
The key caveat is, for this to work, people in these situations, should waste no time in transferring their funds to their current employer, and that pensionable service, is recorded correctly.
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