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[pscocoa]

My wife worked for Midland Bank (now HSBC) for a few years in her teens in the late 1960s and left in early 1970s.

She did not think anything of pension situation (probably did not qualify until 21 in those days)  but got a letter this week from HSBC advising her of a windfall pension -

£4.34 PER YEAR. We are speaking to a financial advisor as to how we should invest this. Will they pay it monthly - they do not say. She has a few years to go to collect it as well.

[Stevie-blunder]

WOW, I'd start looking at holiday brochures and a nice extension on the house 

[zirk]

Need to be carefull with that one, try opening a high intrest savings account with HSBC, word of warning though, under the new money laundering scheme, they may want you to prove where you got the money from!

[Omegadoha, Desert Member]

My neighbour worked for Midland Bank all his life. They gave him early retirement at the age of 50 in around 1976. He didn't think twice about taking it. Sadly passed away last year. 

[Plomien]

It is true she wouldn't qualify until she is 21, even now it is still the case

[pscocoa]

My neighbour worked for Midland Bank all his life. They gave him early retirement at the age of 50 in around 1976. He didn't think twice about taking it. Sadly passed away last year. 

My father is 88 now and worked for Midland from before the war until 1981 when he took early retirement. They even kept his job open for him after he returned in 1945 which was quite rare.
He reckons HSBC have a contract out on him now as he has been collecting an index linked pension for 28 years!! Unfortunately on the other side of the coin - I had a friend who died a very short time after retiring - you hear of too many stories like this.