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Commutation rates

elantan · 2014-04-15 04:26:11

Hi all, Have googled this but not quite got the answer I was looking for, just doing a wee review on OH's pension and working out commutation rates etc, now I understand what a 15:1 would be or a 19:1 etc but husbands rates are 19:10:1 at age 60 and 16:60:1 at age 65 I'm confused as to how to work this out. We are a long…

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elantan Posts: 21,022 Forumite

16 April 2014 at 3:17PM

Thanks everyone, will have a chat with oh when he gets home and explain what I have learned, obviously at this stage it's more a case of learning, when oh reaches maybe 58 or so we can look at it in much more depth and find out if there are any penalties etc

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