Advice for Pension Options.

edited 30 November -1 at 1:00AM in Pensions, Annuities & Retirement Planning
3 replies 893 views
dbz5asdbz5as Forumite
2 Posts
Hello all,

I have 4 options for pensions provided by BT. I am having trouble understanding them, especially the maths behind non increasing pensions. Here are my options:

1.
Annual increasing pension: £5156.58
Annual non increasing pension: -
Initial Pension: £5156.58
Lump Sum: £15469.74

2.
Annual increasing pension: £4318.73
Annual non increasing pension: -
Initial Pension: £4318.73
Lump Sum: £28791.54

3.
Annual increasing pension: £2078.83
Annual non increasing pension: £3877.97
Initial Pension: £5956.80
Lump Sum: £15469.74

4.
Annual increasing pension: £2079.38
Annual non increasing pension: £2650.88
Initial Pension: £4730.26
Lump Sum: £31535.86

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