That's a relief to hear. Can you explain to me something? Why do I always hear people say "If I stay, I'm losing money." To me, this has NEVER made any sense. Each year you stay you increase your retirement my 2.5% under the Tier 1 system. So unless you stay for 40 years (which would give you 100% of your pension), you cannot in theory "lose by staying". I don't believe anybody who retires will suddenly see an increase in their income...just doesn't make sense.
That's a relief to hear. Can you explain to me something? Why do I always hear people say "If I stay, I'm losing money." To me, this has NEVER made any sense. Each year you stay you increase your retirement my 2.5% under the Tier 1 system. So unless you stay for 40 years (which would give you 100% of your pension), you cannot in theory "lose by staying". I don't believe anybody who retires will suddenly see an increase in their income...just doesn't make sense.