If you do or dont already know, i am a electrician and i have been working for the same company for 28 years this August( I know a long time)And i am in the company final salary pension scheme, a couple of years back the company said that to maintain my expected pension i would have to contribute more, so at present i pay around £41 a week. Now guess what they are telling us the same thing again, so this time for me to maintain my expected pension i will have to pay about £50 a week Where do i draw the line? what are my options if any?
It seem's as time goes by more and more of my wage's are been taken away. A couple of years ago i had to fill in Tax returns going back 3 years even though i was a payee employee. I found out i had to do this because i was paying the higher rate of tax of 40%.Now i have been landed with another Tax bill for £1500 in underpaid tax for the last 2 years, why can't the tax people deduct the correct amount of Tax at the time? So for this year my new Tax code starting in April 08 is 195L
Dont know why i bother going to work no more, it seem's that my money is everyone's but mine
Anyone in a similar situation? And what is your pension situation?