Pension Protection Fund?

[jigman1]

What happens to your pension if it ends up in the pension protection fund.Will I ever be able to transfer it out and enter it into another pension scheme . Will I be able to retire earlier than planned or will it only start paying out when I reach retirement age?

[Sweet G]

Pray that your pension is never subject to the Pension Protection Fund (PPF). Your pension will never go INTO the PPF, the PPF is a government established fund designed to partially compensate people whose pension has gone up in smoke because the sponsoring employer has become insolvent and cannot meet the liabilities. This site should help you:

http://www.pensionprotectionfund.org.uk/

[jigman1]

thanks for your answer.