MyCompanyPension.co.uk - Helping members of occupational pension schemes to better understand their benefits.
6th January 2009
:: Scheme Member | My Personal Circumstances | My Health

My Health
 
Your health affects your ability to maintain your current lifestyle and your expectations about what you might want to do in the future.
 
The benefit you and your dependants receive from your scheme depends upon the circumstances when you (or they) claim a benefit. The value of the benefit will depend upon whether you survive to claim your retirement benefit, and how long you live after that. So, a change in your health could affect when you decide to claim your pension benefit.
 
Poor or deteriorating health, may also mean that you are unable to work through to your Normal Retirement Age - if this is what you currently intend. It may also affect how you take your pension in terms of whether you maximise any cash lump sum that may be available or whether you decide to maximise your pension as income.
 
To find out more, choose one of our free Factsheets on the right to match your category of membership.
 
 
Not sure which category of member you are? See our definitions:
 
 
 
 
 
See our Glossary for definitions of phrases in our Factsheets
       
 
 
 
 
 
  Defined Benefit scheme members
 
My Health - for Active Members of Defined Benefit Schemes
My Health - for Preserved Members of Defined Benefit Schemes
My Health - for Pensioner Members of Defined Benefit Schemes
       
 
  Money Purchase scheme members
 
My Health - for Active Members of Money Purchase Schemes
My Health - for Preserved Members of Money Purchase Schemes
My Health - for Pensioner Members of Money Purchase Schemes
 
     

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