School pension kicks in soon and the dreaded forms arrived. I don’t know what it is about official forms that sends me into a tiz but they do. I think I subconsciously think I will be thrown into jail if I do them wrong.
For such a tiny amount there sure were a lot of forms, 10 sides of them depending on what I wanted to do. Did I want to make my lump sum bigger by converting some of the pension into a slightly larger lump sum. I wasn’t going to, then realised I would need to collect this pension for nearly 14 years before I got back the loss of £6 a month for doing so, so I did.
Who knows how long I will live after receiving it. Normally I think long term but for such a small amount didn’t this time.
DB sat with me and I still managed to make a couple of mistakes. We shall see in due course if I have done it correctly.