Re: Scope of C-Plan Dissatisfaction

Posted by Ivor Horton on 07 October 2000 at 13:20:43:

In Reply to: Re: Scope of C-Plan Dissatisfaction posted by Alan Palmer on 07 October 2000 at 12:48:27:

I had the same experience. I had quite a long correspondence with Pensions Dept and the finance director but got nowhere. Basically it seems that the cap arbitrarily removed benefit accruing from years of service in excess of some number (around 27 years I vaguely recall). It was nothing to do with government limits so far as I could see. It didn't seem at all reasonable that several years of pensionable service could accrue no pension benefits, even though contributions had been made as part of the contract of employment. Someone with several years less service and the same final salary would get the same pension. The point was not accepted though - 'that's the rule" was the response.