Hi everyone, I am just enquiring about my MPS that I am recieving.
I claimed my pension 5 years ago when I was aged 50. I took a lump sum and then a monthly pension of £235.
My question is, can i change the monthly pension I receive into a one off cash lump sum instead?
I am being finished at work on friday due to ill health as I have polycistic kideys and am just waiting for my fistula to be sorted out for the start of dialysis and also a heart problem which they cannot sort out until I am settled on dialysis which could be at least 18 months away.
I still have 4 years left on my mortgage and I am trying to sort out ways of trying to pay off my mortgage as this is the one major worry that I have, I dont want to lose our home due to not being able to afford the mortgage.
I knew that this time would come but didnt expect it to start at 55 and thought my mortgage wuold be paid off by the time it started.
I just wondered if anybody could help, I cannot see anything regarding this on the MPS website.
Many thanks
Alamand