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Actuarial reduced pension and repayment

Category:

Retirement

I retired and received an actuarially reduced pension to repay a withdrawal when I left the post office. Will my pension be the same after the money is paid back after the next 3 years? I will be 70 years old then.

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Posted by Mary E. Newton (Questions: 1, Answers: 0)

Asked on March 15, 2018 2:02 pm

328 views

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Private answer

Unfortunately, the answer is yes, your pension will remain the same. At retirement you should have been given the option to either pay “X” and receive a full pension or to accept a lower amount which permanently reduces your pension.

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