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Civil Service Pensions - inverse commutation question
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That's the feeling I get. Rightly or wrongly, I feel reassured that it's not a bad deal.Freeman24reverseFpenny said:I took partial retirement from the civil service in 2016, and decided to inversely commute my lump sum, which gave me an additional £2,400 per annum of pension.
I get the feeling that it's not popular in government circles.1 -
The tables for calculating inverse commutation were republished in 2019 and the link is here.
Anyone wishing to look at allocations, the guidance was revised in August 2019 and is published at this link.
Both links are published by the Government Actuaries Department and are to PDF documents.
Note: I was alerted to an update on this old thread I started in 2018 because of the new forum format where I elected to be notified to any updates to threads I started. I hope this information is of use to others.Save £12k in 2026 #2 I have banked £2870.61 so far, against a £10k target The 2026 Save £12k in 2026 thread is here
OS Grocery Challenge in 2026 I am sticking with a £3000 annual budget for 2026 - currently £568.34 and most of my March purchasing made
I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the grow your own in 2026 discussion thread
My keep within our budget diary is here2
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