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Re: Pensions
Hi Guys, I have just recieved my new pension increase,at age 55 October . It was not what i expected,I had no letter of confermation or what the increase would be, I spoke to the pensions office and they gave me no info at all, I only knew about what was happening when i recieved a bank statement.Can anyone tell me if i can claim any Tax back on my pension, cheers lads , stay safe.
NED
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Re: Pensions
Hi Ned, without giving us all the personal detail, what was the percentage increase of your pension? In 2009 Gwyn's was 83%. I'd be interested in your % figure, 12 months later, in the midst of a recession?
Thanks
Al
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Re: Pensions
Hi Al,
Just dug the paperwork out i recieved in April, i will try and decode it.
AT age 55 last Oct my pension increase was just over a 3rd of the amount i was recieving,(hope that makes sense)
then in April this year my pension was increased by 3.1%, so that gave me an increase of just over £300 per annum wow.
hope this helps, speak soon, keep safe buddie
Ned
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Re: Pensions
Understood, so your pre - 55 pension monthly amount, only increased by about 35% on your 55th birthday. Many thanks Ned.