Pension implications for job‐changers

Abstract

When most people change jobs they do so for a higher salary, a greater challenge, increased prospects. What happens to their pension comes very near the bottom of things to be considered. But in many cases, unless you are employed in the public sector, a change of job could have adverse affects on your pension rights. A questionnaire drawn up by the Occupational Pensions Board and sent to various organisations, revealed a wide response to ways of avoiding pension loss as a result of job change. John Vann gives details of the questionnaire results and describes the tortuous pension‐path awaiting those who change their jobs, and advises everyone to delve into their pension position very carefully indeed.

Citation

Vann, J.C. (1982), "Pension implications for job‐changers", Retail and Distribution Management, Vol. 10 No. 1, pp. 59-61. https://doi.org/10.1108/eb018129