Actuarial reduced pension and repayment

Answer Question

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.

Blocked by moderator
Posted by (Questions: 1, Answers: 0)
Asked on March 15, 2018 2:02 pm


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.

Blocked by moderator
Posted by (Questions: 0, Answers: 589)
Answered on March 15, 2018 3:54 pm