I am about to be made redundant.?

-I am 52 years of age, have a company pension, and am about to be made redundant. What are my options regarding my company pension. ie will i be able to take a cash sum and a reduced pension? Will I be able to cash all my contributions in? (currently approx 拢10,000



I have got eight years contributions and have also been paying in extra contributionsI agree with Simon. Unlikely you'll get contributions back, as that only applies within a few months.



25% cash and remainder to buy an annuity is the norm. Your pension provider will write with a couple of months of your leaving to set this out. But meanwhile ask you employer - it is their duty to explain your options, though obviously they cannot advise you what to do.



Best wishes
I'd leave the pension to gather interest, you'll need it all when you are finally of pensionable age. You're not too old at 52 to get other employment - any employment is better than none for basic income and to add to the pension pot if a new employer has a suitable scheme. Good luck.