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The time now is 08/20/08 - 10:02

minimum pension guarantees


RealCool.BIZ Forum Index -> Finance -> Retirement Planning & Pensions

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elsbeth
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Joined: 29 Sep 2006
Posts: 3



PostPosted: 05/01/08 - 10:02    Post subject: Reply with quote

Hi. What I am trying to find out is, what are my minimum pension guarantees assuming that I am not in any private or company scheme? What will I get from the state and is this enough to live on in principle? And what happens if it isnt? Thanks in advance for taking the trouble.
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eddi
Apprentice


Joined: 01 Aug 2005
Posts: 23



PostPosted: 05/31/08 - 02:49    Post subject: Reply with quote

Hi, you should be entitled to state pension but you have to pay your NI contributions or get them paid by the government if you are out of work. When you are working, normally your employer deduces your NI contributions from your wage. But if you are unemployed, go down to your job centre quickly to sort it out, it's very important.
But why don't you look into getting a stakeholder pension or something? It doesn't have to be expensive. Ciao!
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RealCool.BIZ Forum Index -> Finance -> Retirement Planning & Pensions

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