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LTA valuation for non-indexed GMP?
Nomercer
Posts: 10 Forumite
So I understand for LTA purposes defined benefit pensions are valued using a 20 x annual pension calculation. However my private sector DB pension is one of those unfortunate ones that lost its GMP indexation back in 2016 so, is it still valued at 20 x?
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Comments
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Indeed it is.Nomercer said:So I understand for LTA purposes defined benefit pensions are valued using a 20 x annual pension calculation. However my private sector DB pension is one of those unfortunate ones that lost its GMP indexation back in 2016 so, is it still valued at 20 x?Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!0 -
Why didn't you ask the scheme as they must have scheme members retiring regular so they will know. It is still valued at 20.0
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Because it's quicker to get the answer here.TVAS said:Why didn't you ask the scheme as they must have scheme members retiring regular so they will know. It is still valued at 20.Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!0
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