Half a million workers could top up their state pension at 'bargain basement' rates



Over half a million workers who retire before pension age could get a 'substantial' boost to their state pension in exchange for a relatively small sum of money over the coming five years, according to analysis.
Workers who miss years of contributions because they can retire before their state pension age - such as teachers, nurses, local government workers and civil servants - can make voluntary payments for each of those years and generate a return of around 30 per cent, former pensions minister Steve Webb said.
This is also the case for some private sector workers with large employers... read more

 
8 October 2016 in Business, Views: 48
Source: Daily Mail
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