Quote:
|
Originally Posted by humphrey
Before Labour ruined the LGPS pensions by taking all the money from the pension funds I was hoping to retire at 55. But after they knacked the pensions, they scrapped the 85 rule, which I would have qualified for.
The 85 rule was that you had to be at least 55 with 30 yrs of pension contributions, you could retire on a full pension.
|
Really sorry to hear that Humphrey,
Man, I feel your pain, that must have been really painful being so close to your chance to retire,
I pay about 40% of my earnings into my company pension,
But it still doesn't seem close to being enough to retire early on, given current forecasts on living costs etc