Pension Embarrassment - Help please

[Greenjack]

Hi lovely readers.

I've completely dropped the ball with my pensions. I have two small public sector pensions: one that I can access at 67 and get enhanced rates if I start collecting it later; the other one I have just discovered from a letter I imisread I can claim from 60 and isn't enhanced if I claim it later. My question is do I lose the unclaimed benefits or can I backdate my claim?(I am now 62).

You need to ask the scheme administrator as it will depend on the scheme rules.

Oh okay thanks a lot. I wondered if there were any general rules but clearly not . Thanks again. I'm an absolute fool. 🙄

You are not a fool!

Thanks 😊

The one from 60. It's likely that when you start claiming they will back date the payments you should have received if you started claiming at 60. You do need to contact them though. Fingers crossed!

I hope so, that would be amazing. I'm still working so didn't think I needed the money yet. But don't want to lose the payments altogether. Thanks for replying.