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My elderly neighbour and his pension - can anyone advise, please?

7 replies

WinkyWinkola · 07/04/2011 12:17

My elderly neighbour has come to me in some distress about the following letter he has received on 30th March. It is from Buck Consultants, part of the UPS Pension and Life Assurance Plan. What do you think?

Dear Mr. XXXX

UPS Pension and Life Assurance Plan - Lynx Section (the Plan)

We are writing to tell you that a review of the pension increases applied to your pension from the Plan has revealed that an administrative oversight has lead to your pension being overpaid. As the Trustees must ensure that benefits are paid in accordance with the Rules of the Plan, we must take steps to rectify the position so that your pension is restored to an amount in line with your entitlement.

In order to minimise the effect of the correction, we propose to maintain your pension at its current level (ie not apply any increases) until such time as the increases due have cancelled the overpayments. At this point, we will resume the payment of the increases.

We cannot predict the period over which increases will need to be withheld as this depends on inflation, but we will review the position on an annual basis. This means that your pension will remain payable at the rate of £5,385.00 pa until we contact you further.

We apologise for any inconvenience to your. If you have any questions, please do not hesitate to contact us.

Best wishes

Yours sincerely

KJ Youngs

On behalf of the Trustees of the UPS Pension and Life Assurance Plan - Lynx Section

Now, apart from the fact it's a very badly written letter with grammatical and style errors, it does not specify how much he's been overpaid and from when. He's called them up (on 01473 293 000) and they can't even tell him that but they will send him the breakdown of the figures.

What should he do? It sounds very rum to me. Please could you help with some advice?

OP posts:
whyme2 · 07/04/2011 12:26

CAB or Age concern/Help the Aged advise on stuff like this. Me. I know nothing about it butI know my Dm got help from these agencies.

Chil1234 · 07/04/2011 12:26

It would be far more suspicious if they were asking him for money or bank details. I'm assuming he does actually receive a pension from them if they can send him a breakdown of the numbers?

If I were him, I would formalise everything by writing to them and asking for a full explanation, statements and other evidence to back up the claim that he has been overpaid.... keeping copies of everything sent and received. If he isn't happy with what he finds out, hard-copy documents are better than telephone conversations when it comes to making complaints or talking to people like the CAB.

WinkyWinkola · 08/04/2011 16:50

Thank you for your help, chaps. Have passed it all on to my neighbour.

OP posts:
thinkingaboutschools · 10/04/2011 21:49

I agree with Chil1234 - he should write and ask for a full explanation of their errors

ninedragons · 11/04/2011 04:09

Personally I would cc the letter to my MP.

Pensioners being ripped off by Swiss investment banks is like nesting swans being pelted with rocks by hooligan youths. No politician wants to be seen on the wrong side of that particular conflict.

ninedragons · 11/04/2011 04:11

He should also specify that the explanation should be in plain English.

Otherwise they will copy and paste something from the terms of the pension plan that will be completely incomprehensible to anyone who's not a senior partner at Deloitte.

emsyj · 11/04/2011 16:30

Tell him to contact the Pensions Advisory Service for free explanations and advice.

It is true that if he has been overpaid then the pension scheme trustees are obliged to try and recover the money. He should get advice on whether their proposed method of recouping the loss is acceptable. I have never looked a this so can't say off hand whether he has any cause for complaint. I imagine the numbers are quite small judging by the level of his pension and the fact that they are seeking to recover in this way.

Hope that helps. Come back if you have any specific questions and I will try to help if I can. (I am a pensions lawyer).

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