pensions

[Terpe]

thanks terpe, thats what confussed me about the state pension, i saw the % reduction, but could not work it out, like you say i will get in touch with my works first, thanks again

State pension is not the same as a private/occupational pension scheme.
The state pension has seen quite a few changes in recent years, and there's more changes to come.
Currently the amount of state pension you get depends on the number of 'qualifying' years that you have contributed. In principle it takes 30years of contributions to get the full amount of state pension. Anything less than 30 yrs will mean a reduction of the amount you get.
Unfortunately, you have to wait until state pension age before making any claim.

Maybe you already this stuff steve, but just added it in case other members were not sure.
Nobody worries about pensions until they get to a certain age