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UK State Pension - Early Redemption/Takeup?

Discuss expat financial issues here, e.g. investments, stocks, shares, banking etc.
Subforums: Currency Transfer, Credit and Debt

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UK State Pension - Early Redemption/Takeup?

Post Posted: Sat Mar 03, 2012 4:32 am

I've lived in Thailand for the past 15 years and having been sucked dry by various 'lawyers' following an ongoing particularly heinous theft/fraud case, am now living in penury.

I've been told I could take up my fully paid up UK State Pension NOW (I checked the UK Pension's online calculator and have paid the requisite 40 years, although have heard now only 30), payable in full next April.

Is this possible? And if so, how much of a reduction would I have of the current 110 GBP for one year's shortfall?

The vultures are circling ... Sad Thanks.

 

tamsintwo
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