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Thread: NEM Alignment
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Old 31st Mar 2015, 12:17
  #105 (permalink)  
Willard Whyte
 
Join Date: Apr 2008
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Age: 95
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JTO,
At the moment I can see no advantage in leaving the scheme at any point as I presume I would be still accruing benefit, even if some of my pension income is taxed at 55%?
I think so, particularly as a forces pension is non-contributory. Where it might make sense to reduce one's pension contributions is with a post-mil career voluntary contribution scheme, if the total of both (or more) pension schemes edges towards whatever LTA is in place.
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