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Old 5th November 2001 | 18:06
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Undercover
 
Joined: Nov 2001
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From: Here to Eternity
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Pension contributions holidays shouldn't have any effect on the pension you receive at retirement.
The pension holiday does not affect how much contributions you pay as an individual either - it means that the employer's contribution is stopped and money from the surplus is used instead.
The type of pension that we have means that any surplus is basically owned by the employer and they can do what they like with it.
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