Threads

See more results

Topics

Usernames

Mumsnet Logo
Please
or
to access all these features

Improve my pension as part timer
4

Fossie · 17/11/2019 21:34

Since I went to 0.4 part time my pension is not looking good. Has anyone overpaid into their pension whilst part time? The person who deals with pay and pensions in school never seems to know anything. Is this possible or even a good idea?

OP's posts:
Please
or
to access all these features

Littleunicorndreams · 17/11/2019 21:38

yes you can apply to increase your contributions, I think its done on a yearly basis and I think you have to sort the paperwork out in March to start in April. There are forms yo can download from the teachers pension website. It’s also possible to put in a lump sum... but that is as an additional contribution, along side your pensions proper.

Please
or
to access all these features

Beansandcoffee · 18/11/2019 18:48

Speak to your pensions advisers.

Please
or
to access all these features

SuperMoonIsKeepingMeUpToo · 19/11/2019 13:08

unicorns - are you talking about AVCs?

Please
or
to access all these features

LoyaltyBonus · 19/11/2019 13:13

"The person who deals with pay and pensions in school never seems to know anything". They aren't qualified or authorised to give you financial advice and neither should they be. School staff are advised not even to print forms, only to direct colleagues to the pension fund in case it's construed as advice.

Speak to the Pension fund and/or get some proper financial advice.

Please
or
to access all these features
Please create an account

To comment on this thread you need to create a Mumsnet account.