A pensions reminder - the hidden cost of pay cuts
As an HP Pensioner I'm posting AC just in case.
I'm just a few years off pension age and have been doing some pension calculations.
That 10% pay cut HP forced on me more than a decade ago has had a knock-on effect on my pension fund. Fortunately only a year's worth of contributions involved in my case, but what should have been a temporary dip will potentially reduce my income for the rest of my life.
Biting the hand that feeds IT
