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Unexplained Pension Forecast

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  • goodValue
    goodValue Posts: 490 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    From SeetTruth in "Calculating Contracted Out Deduction" post:

    http://forums.moneysavingexpert.com/....php?t=5118275
    For someone whose only contracted out service is prior to April 1997 their RDA will equal their Contracted Out Deduction and will also equal their GMP.

    So there seems little point in checking this deduction if you don't have a significant contracted out period after 1997 - if HMRC take the value from the company Pension Administrators then any gain/loss in the State Pension due to an error will be offset by an equal loss/gain in the company pension.
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