State Pension

[Harry T]

Yeah, i have recently asked them for my contributions record, so that i can see what i am entitled to in a couple of years time. Last week i received a letter from DWP saying that my Pension Credit was being reduced by a third from January 2016, due to the fact i am entitled to a works/private Pension from that date, NOT true.
I have a Pension pot similar to many others on here, which i always intended to take when i am 65, if the DWP continue to reduce my Pension Credit because of this so called works/private pension thereby forcing me to take activate buy an Annuity NOW I will put my stubborn hat on and take out ALL of this Pot NOW and have a few years living off this before i get my State Pension. I dont care what others may think i built up this Pension Pot to be in addition to MY state Pension, not in place of, I am well Pissed Off right now, and have communicated some of what i have said on here to the DWP, indicating that NO i dont have a private Pension right now, I await there reply with interest.

[stevewool]

Yeah, i have recently asked them for my contributions record, so that i can see what i am entitled to in a couple of years time. Last week i received a letter from DWP saying that my Pension Credit was being reduced by a third from January 2016, due to the fact i am entitled to a works/private Pension from that date, NOT true.
I have a Pension pot similar to many others on here, which i always intended to take when i am 65, if the DWP continue to reduce my Pension Credit because of this so called works/private pension thereby forcing me to take activate buy an Annuity NOW I will put my stubborn hat on and take out ALL of this Pot NOW and have a few years living off this before i get my State Pension. I dont care what others may think i built up this Pension Pot to be in addition to MY state Pension, not in place of, I am well Pissed Off right now, and have communicated some of what i have said on here to the DWP, indicating that NO i dont have a private Pension right now, I await there reply with interest.

Harry how can they do this if its a private pension you are paying into,

[Harry T]

Harry how can they do this if its a private pension you are paying into,

Thats what Im upset about Steve, seems they are trying to make me buy an annuity now.

[Harry T]

Yeah, i have recently asked them for my contributions record, so that i can see what i am entitled to in a couple of years time. Last week i received a letter from DWP saying that my Pension Credit was being reduced by a third from January 2016, due to the fact i am entitled to a works/private Pension from that date, NOT true.
I have a Pension pot similar to many others on here, which i always intended to take when i am 65, if the DWP continue to reduce my Pension Credit because of this so called works/private pension thereby forcing me to take activate buy an Annuity NOW I will put my stubborn hat on and take out ALL of this Pot NOW and have a few years living off this before i get my State Pension. I dont care what others may think i built up this Pension Pot to be in addition to MY state Pension, not in place of, I am well Pissed Off right now, and have communicated some of what i have said on here to the DWP, indicating that NO i dont have a private Pension right now, I await there reply with interest.

I have just this minute received a phone call from The DWP, this what they have decided, They WILL reduce my Pension Credit from around £150 per week to about £110 per week from January 2016, This is because i have a Pension Pot which i am able to purchase an Annuity (Pension) with, though i never intended to do this until i am 65 (May 2017), so guys be very careful if you have a Pension Pot this Government seem to be giving (HAHAHAHA) in one hand, but i can guarantee they are taking away in the other. My thoughts on this so called decision are unprintable on here , i really have to sit down now, and decide which way i am going in the next few years, i am almost certain that i will be having a pretty long vacation probably by using my Tax free Lump sum from this Pension Pot...