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Teachers Pension - any ideas?

3 replies

Helpwhatwouldyoudonext · 26/09/2023 23:15

I have some years in both schemes, final salary and career average.
I understand things change on 1st Oct 2023 in way calculations are made.
BUT I was going to buy some Additional Pension ASAP, to rebuild a little after divorce. (I can only afford 1 unit this year.)
Am I losing money if I buy it AFTER 1st Oct, and final salary scheme is scrapped?
I've asked them but TP say they can't give me personal advice about it 🙄 ~despite having the calculators and holding all my money~

Thanks, MN whizzkids.

OP posts:
Helpwhatwouldyoudonext · 27/09/2023 07:37

Bump!

OP posts:
Bromptotoo · 27/09/2023 09:05

This might be better asked in the money section?

IvorTheEngineDriver · 27/09/2023 10:06

Retired pensions consultant here. You really can't say without full knowledge of your service, salary and retirement plans. Sorry,

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