>> My state pension starts in January. Promoted by the letter notifying me of this I
>> checked my pension forecast. Despite having 42 years of “full” contributions I found I was
>> £20 per week short of my potential maximum pension due to my ex-employer opting out
>> of the enhanced state pension schemes.
My state pension started this month. I too was contracted out, so I get the minimum "fully paid up" state pension, however, in being contracted out my DB pension scheme paid an enhanced pension step up from age 65 which was the pension age when I joined my scheme.
Dont forget the more state pension you get, the more tax you pay on your other pensions, because it eats into your tax allowance.
|