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Leaving profession - what to do with pension?

Discussion in 'Pay and conditions' started by Ygrawn, Jul 4, 2015.

  1. Ygrawn

    Ygrawn New commenter

    After having read through the options on the teachers' pension website, I am more confused than before.

    I'd really appreciate some first hand input on this; what do people think who are in the same situation? Best to leave the money where it is (and hope it'll still be there in 30 odd years' time....) or transfer/withdraw?

    I am soon to go on maternity leave and won't be returning to teaching afterwards, so have a little bit of time to decide, but it's giving me a headache already.
  2. Piranha

    Piranha Star commenter

    A salary based scheme is hard to come by outside the public sector. Unless you can get a good deal to transfer it elsewhere, it is probably best to leave it where it is. Please take this just as a suggestion - if you want specialist financial advice, then you should probably speak to an expert and give all the details - how long you have worked there, your current financial postion, your future plans etc.
  3. coppull

    coppull New commenter

    If you are in a Union,then they be linked to a specialist advisors. Contact your Regional Centre for names/numbers.

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