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When buying additional pension with TPS...

IAMIAM
IAMIAM Posts: 1,425 Forumite
Sixth Anniversary 500 Posts Name Dropper
in Pensions, annuities & retirement planning
Does it show on your online account? 

Comments

  • IAMIAM
    IAMIAM Posts: 1,425 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    any ideas.....
  • cobson
    cobson Posts: 163 Forumite
    Eighth Anniversary 100 Posts
    You might get more responses here:
    Retirement | TES Community
  • OldBeanz
    OldBeanz Posts: 1,439 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    99% you do as you are expected to check your contributions. It would be illogical if it wasn't included. I will check with my son later I  the week
  • Sonatine
    Sonatine Posts: 12 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    IAMIAM said:
    Does it show on your online account? 
    Yes it does. It shows as Additional Pension Benefits, separate from the main pension, with a calculation for max lump sum, and the impact that would have on the AP. 
  • IAMIAM
    IAMIAM Posts: 1,425 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    Thats good to know. Roughly, with standard revaluation, what would £250 purchased equate to in 20 years time based on current CPI values they have use. I am presuming I am looking at £250 with a compound interest calculator increase of 3% per annum, meaning it could be worth approximately £450-£500 per annum extra at retirement?
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