Jobs

Business

Retirement date ?

I made a general query to my pensions dept and said i plan to retire on Thurs Feb 12th 09 my 60th birthday, I was told therefore that my last working day would be Wed 11th and my contract would end at midnight on that day, should i not be working on the day that i retire, my 60th birthday. The reason that I ask is that my pension forecast is based on me working until aged 60, and I am concerned that this will not be the case should I follow the above. thank you allgram.

allgram Wed 08/10/08 18:45

<< Previous

Next >>

Subscribe to question

Post an Answer

buildersmate
Wed 08/10/08
21:03

It's only one day. You are not going to get docked a whole year of pension benefit if you retire early by one day - if that is indeed the correct interpretation.

allgram
Thurs 09/10/08
19:06

Question Author

hi buildersmate thank you very much for the reply, as my pension projection is based on retirement at aged 60 i was concerned that i could loose quite a sum as i was finishing contract when i was 59, i hope you could understand my frustration at the wording, again thank you. allgram.

Post an Answer

Submit the above question and answers

add to del.icio.us	add to digg	add to furl
add to reddit	add to Technorati	add to Blinklist
add to StumbleUpon	add to squidoo	add to ma.gnolia
add to Cocomment	add to Netscape	add to Fark