Posted by pete_s
on November 5, 2020, 7:12 pm, in reply to "Re: Cold
You'll be the same as me, when I collect the state pension in 2022. In the 80's I opted out of the SERPS contribution through tax which would bump up the earnings related part of the state pension and had that fed into the private pension. It was a common option and I think most of us selected it, opting back in some years later as the balance shifted.
So, I'm expecting a deduction from the state pension, but I had a boost to the private pension. As for relative values - a lottery in the end I reckon.
Thank you for your support...