Omega Owners Forum

Chat Area => General Discussion Area => Topic started by: Field Marshal Dr. Opti on 14 January 2015, 11:58:26

Title: Pleasant surprise.
Post by: Field Marshal Dr. Opti on 14 January 2015, 11:58:26
I received a nice letter this morning. :y

Apparently I have a small pension that I can cash in next month if I choose to. I had long forgotten about this because the pension scheme only ran from 1988 to 1990. In fact I have no record of it.

According to the letter I have two options.

1.....A cash payment of £2654 and roughly £300 each year until I drop off the perch.

2.....No cash payment and £543 a year.

I'm minded to take option 1.


It's a win-win situation because I genuinely have no knowledge of paying  into this pension scheme. :y 


Now then.....can I buy a decent new car for £2643?
Title: Re: Pleasant surprise.
Post by: Shackeng on 14 January 2015, 12:00:16
That would buy Jim's Irmscher! :y
Title: Re: Pleasant surprise.
Post by: Field Marshal Dr. Opti on 14 January 2015, 12:01:10
That would buy Jim's Irmscher! :y

I could do far worse. :y STMO's Daewoo being a prime example. ::) ::) ;)
Title: Re: Pleasant surprise.
Post by: The Sheriff on 14 January 2015, 12:21:41
That would buy Jim's Irmscher! :y

I could do far worse. :y STMO's Daewoo being a prime example. ::) ::) ;)
Sorry, Opti, that meagre sum would not buy my chevrolet orlando. Perhaps if you doubled it and threw in a go of your sister in law.
Title: Re: Pleasant surprise.
Post by: Field Marshal Dr. Opti on 14 January 2015, 12:26:19
That would buy Jim's Irmscher! :y

I could do far worse. :y STMO's Daewoo being a prime example. ::) ::) ;)
Sorry, Opti, that meagre sum would not buy my chevrolet orlando. Perhaps if you doubled it and threw in a go of your sister in law.


She usually charges £1000 a night.  ::) ::) ::) :D

Title: Re: Pleasant surprise.
Post by: Field Marshal Dr. Opti on 14 January 2015, 12:27:41
That would buy Jim's Irmscher! :y

I could do far worse. :y STMO's Daewoo being a prime example. ::) ::) ;)
Sorry, Opti, that meagre sum would not buy my chevrolet orlando. Perhaps if you doubled it and threw in a go of your sister in law.

Shit......and I was expecting £1500 cashback, too. ;D ;D
Title: Re: Pleasant surprise.
Post by: Marks DTM Calib on 14 January 2015, 12:50:10
You would be daft not to go for option 1 as option 2 is a gamble on how long you will live......and given your track record of impacts from laptops and passing lorries......
Title: Re: Pleasant surprise.
Post by: The Sheriff on 14 January 2015, 12:55:46
£6 a week and a couple of grand or £10 a week. There is no decision to make, surely?
Title: Re: Pleasant surprise.
Post by: Varche on 14 January 2015, 13:10:53
I received a nice letter this morning. :y

Apparently I have a small pension that I can cash in next month if I choose to. I had long forgotten about this because the pension scheme only ran from 1988 to 1990. In fact I have no record of it.

According to the letter I have two options.

1.....A cash payment of £2654 and roughly £300 each year until I drop off the perch.

2.....No cash payment and £543 a year.

I'm minded to take option 1.


It's a win-win situation because I genuinely have no knowledge of paying  into this pension scheme. :y 


Now then.....can I buy a decent new car for £2643?

I wonder how many other people will be in the same boat. If you moved house a lot it would be hard for the pension company (perhaps) to track you down although they should know your NI number.

One plus? is that £6 a week will just push you into not being eligible for a whole range of benefits that us poorer people qualify for.
Title: Re: Pleasant surprise.
Post by: Field Marshal Dr. Opti on 14 January 2015, 13:34:41
You would be daft not to go for option 1 as option 2 is a gamble on how long you will live......and given your track record of impacts from laptops and passing lorries......

I'm hoping to see Christmas 2015. Anything after that is a bonus. :)
Title: Re: Pleasant surprise.
Post by: Field Marshal Dr. Opti on 14 January 2015, 13:36:06
£6 a week and a couple of grand or £10 a week. There is no decision to make, surely?

Yep. :y

This dates back almost 30 years it's small wonder I can't remember it. ;D ;D

I'm guessing I paid in about six or seven quid a week.
Title: Re: Pleasant surprise.
Post by: AndyRoid on 14 January 2015, 14:40:00
I'd go for option 1, because (as Mark says) you never know how long you have got unless your GP (or doctor) tells you otherwise.
Title: Re: Pleasant surprise.
Post by: zirk on 14 January 2015, 14:42:28
Some people have all the luck,  ::)

I only heard a few weeks back of a guy I used to know well that used to work for Chubb Alarms before being taking over by zyx so many times, He was there from leaving school and worked Hes up to Management, quiet some time back He got laid off with a nice package to go and full Pension, Anyway apparently the  Pension Co or whoever deals with it contacted Him recently and said there was a bit of an error in the Pension calculations, and offered Him just over another 100k as a Cash Final Settlement in addition to what He already had and is getting, if He agreed and not to pursue any further. ::)

Needless to you can guess His answer.  :y
Title: Re: Pleasant surprise.
Post by: henryd on 14 January 2015, 16:08:37
Some people have all the luck,  ::)

I only heard a few weeks back of a guy I used to know well that used to work for Chubb Alarms before being taking over by zyx so many times, He was there from leaving school and worked Hes up to Management, quiet some time back He got laid off with a nice package to go and full Pension, Anyway apparently the  Pension Co or whoever deals with it contacted Him recently and said there was a bit of an error in the Pension calculations, and offered Him just over another 100k as a Cash Final Settlement in addition to what He already had and is getting, if He agreed and not to pursue any further. ::)

Needless to you can guess His answer.  :y

Makes you wonder what he could have got if he pushed them further ???
Title: Re: Pleasant surprise.
Post by: zirk on 14 January 2015, 16:15:53
Some people have all the luck,  ::)

I only heard a few weeks back of a guy I used to know well that used to work for Chubb Alarms before being taking over by zyx so many times, He was there from leaving school and worked Hes up to Management, quiet some time back He got laid off with a nice package to go and full Pension, Anyway apparently the  Pension Co or whoever deals with it contacted Him recently and said there was a bit of an error in the Pension calculations, and offered Him just over another 100k as a Cash Final Settlement in addition to what He already had and is getting, if He agreed and not to pursue any further. ::)

Needless to you can guess His answer.  :y

Makes you wonder what he could have got if he pushed them further ???
Exactly what I thought, He did have a chat with a FSA guy who said it could go either way, take time, and might affect His ongoing Pension Plans payout, and at the end of the day may cost Him money.

I think He just thought take the money and run, I think I might have done the same tbh, fat chance.  ::)
Title: Re: Pleasant surprise.
Post by: Field Marshal Dr. Opti on 14 January 2015, 16:36:48
Some people have all the luck,  ::)

I only heard a few weeks back of a guy I used to know well that used to work for Chubb Alarms before being taking over by zyx so many times, He was there from leaving school and worked Hes up to Management, quiet some time back He got laid off with a nice package to go and full Pension, Anyway apparently the  Pension Co or whoever deals with it contacted Him recently and said there was a bit of an error in the Pension calculations, and offered Him just over another 100k as a Cash Final Settlement in addition to what He already had and is getting, if He agreed and not to pursue any further. ::)

Needless to you can guess His answer.  :y

An extra £100,000. :D :D :y
Title: Re: Pleasant surprise.
Post by: pscocoa on 14 January 2015, 17:04:14
Opti - take the cash and invest in 2.6 nights with your sister in law - at least you might then  die with a smile on your face.
Title: Re: Pleasant surprise.
Post by: Field Marshal Dr. Opti on 14 January 2015, 17:13:28
Opti - take the cash and invest in 2.6 nights with your sister in law - at least you might then  die with a smile on your face.

 Her sexual athleticism will kill me half way through the first night. ;D ;D ;)
Title: Re: Pleasant surprise.
Post by: pscocoa on 14 January 2015, 17:26:24
ok so that is £600 worth - you can buy 5 Omegas with the rest to be buried with you
Title: Re: Pleasant surprise.
Post by: omega3000 on 14 January 2015, 18:51:03
I received a nice letter this morning. :y

Apparently I have a small pension that I can cash in next month if I choose to. I had long forgotten about this because the pension scheme only ran from 1988 to 1990. In fact I have no record of it.

According to the letter I have two options.

1.....A cash payment of £2654 and roughly £300 each year until I drop off the perch.

2.....No cash payment and £543 a year.

I'm minded to take option 1.


It's a win-win situation because I genuinely have no knowledge of paying  into this pension scheme. :y 


Now then.....can I buy a decent new car for £2643?

Unless you feel like buying mrs opti a nice sports car  ::) then i would invest in a nice classic car , say an SD1 or something  :-\
Title: Re: Pleasant surprise.
Post by: The Sheriff on 14 January 2015, 18:51:42
I received a nice letter this morning. :y

Apparently I have a small pension that I can cash in next month if I choose to. I had long forgotten about this because the pension scheme only ran from 1988 to 1990. In fact I have no record of it.

According to the letter I have two options.

1.....A cash payment of £2654 and roughly £300 each year until I drop off the perch.

2.....No cash payment and £543 a year.

I'm minded to take option 1.


It's a win-win situation because I genuinely have no knowledge of paying  into this pension scheme. :y 


Now then.....can I buy a decent new car for £2643?

Unless you feel like buying mrs opti a nice sports car  ::) then i would invest in a nice classic car , say an SD1 or something  :-\
God, no.
Title: Re: Pleasant surprise.
Post by: omega3000 on 14 January 2015, 18:53:51
Or something  ::) ;D

Mgz
Legend
Daewoo
Chevy    :P
Title: Re: Pleasant surprise.
Post by: The Sheriff on 14 January 2015, 18:56:31
Or something  ::) ;D

Mgz
Legend
Daewoo
Chevy    :P
MGZT...all clapped out now, like omegas and SD1's
Legend...haven't seen one for ages
Daewoo....never driven one so dont know
Chevrolet orlando would be the right choice, but he can't afford it.

 :P
Title: Re: Pleasant surprise.
Post by: omega3000 on 14 January 2015, 19:03:58
Or something  ::) ;D

Mgz
Legend
Daewoo
Chevy    :P
MGZT...all clapped out now, like omegas and SD1's
Legend...haven't seen one for ages
Daewoo....never driven one so dont know
Chevrolet orlando would be the right choice, but he can't afford it.

 :P

I think mrs opti will have the last say on where the money goes so back to the omega for another 15 years mr opti  ;D