Defined Benefit Pension

Marcon

zagfles said:

Marcon said:

Could it be the projections are now being done on this basis: https://www.thisismoney.co.uk/money/pensions/article-8992811/82-000-BT-Pension-Scheme-members-34k-worse-off.html

If not, then I fear you might need to have a look at this thread (wet towel securely round head!), unless anyone else has a simpler suggestion: https://forums.moneysavingexpert.com/discussion/5962314/rules-on-using-occupational-pensions-revaluation-orders

Ignore the first link, it's nothing to do with the RPI changes that are coming in in 2030! Projections aren't done assuming a future rate of RPI or CPIH. The article is rubbish anyway, this was always going to happen, the chancellor delayed it further than the ONS wanted.

The second link to the MSE thread will explain it, the quote difference looks right.

Thanks - I went with the headline and should have read the article....! Usually a mistake.