GMP & COPE query

solar_power

I am a BT pensioner and I have just received my GMP figures from BTPS, total GMP £4,703.92
made up from pre 88 GMP £2,861.04
and post 88 GMP £1,842.88
I started receiving my state pension last autumn and my
COPE fig is £112.08
I have often seen mention that GMP and COPE should be close,
What I would like to know is, are my figures close enough or if not are they in my favour or not?

many thanks for any replies.

xylophone

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/447195/new-state-pension--effect-of-being-contracted-out.pdf

BSP at 6/4/2016 was £119.30

NSP was £155.65.

GMP is not exactly the same as COPE ( or "Rebate Derived Amount").

Look at page 4 of the above.

GMP is shown as 1978-1997 Gross Additional Pension.

solar_power

thanks, will have to get down to it and do some substitution in the figures