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lettie · 31-10-2004, 14:40

I worry about this also. I am 36 with 17 years in an NHS pension. I know that I am lucky, I had the nonce to join the pension scheme when I was 19 when some of my mates didn't join and are now regretting it. I have been offered many pensions from various different companies. All of them are asking for more than I pay monthly to my current pension yet none of them can match the return. In comparison with private pensions the NHS pension is still quite good. My current contract still says that I can retire at 55. On the new contracts I think it is 60. We are now led to believe on my current contract that you can go at 55 but only with the Trust's blessing. I know so many NHS staff who have retired then dropped dead within a couple of years that I am inclined to go at 55 whether they like it or not. I am currently making sure that my mortgage will be paid up by 46 and topping up a cash ISA whenever I can. I know that I am one of the lucky ones. I worry about other members of my family who I know will get next to nothing when they retire.

31-10-2004, 14:40	#4
lettie Filthy / Gorgeous Bejeweled Blitz Champion! Join Date: Jan 2004 Location: Xanadu Posts: 4,005 Blog Entries: 337 Liked: 67 times Rep Power: 88670	Re: Pensions a pipe dream? I worry about this also. I am 36 with 17 years in an NHS pension. I know that I am lucky, I had the nonce to join the pension scheme when I was 19 when some of my mates didn't join and are now regretting it. I have been offered many pensions from various different companies. All of them are asking for more than I pay monthly to my current pension yet none of them can match the return. In comparison with private pensions the NHS pension is still quite good. My current contract still says that I can retire at 55. On the new contracts I think it is 60. We are now led to believe on my current contract that you can go at 55 but only with the Trust's blessing. I know so many NHS staff who have retired then dropped dead within a couple of years that I am inclined to go at 55 whether they like it or not. I am currently making sure that my mortgage will be paid up by 46 and topping up a cash ISA whenever I can. I know that I am one of the lucky ones. I worry about other members of my family who I know will get next to nothing when they retire. __________________ Never put off until tomorrow what you can avoid altogether. The views expressed here are my own and not necessarily those of my family, friends, employer, this site, my neighbours, hairdresser, dentist, GP, next door's dog or anyone else who knows me..