I’ve left my occupational Dc scheme with less than two years service. Former employer will be clawing back their contributions. It is what it is.
My question is how is the refund amount calculated- they paid in (say) 10k, with growth over 18 months or so that’s now worth 14k. Will the clawback be 10k or 14k?
Thanks.
My question is how is the refund amount calculated- they paid in (say) 10k, with growth over 18 months or so that’s now worth 14k. Will the clawback be 10k or 14k?
Thanks.