We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
NHS pension calculations, annual and lifetime allowances
Comments
-
not if a practitioner (I don't think) as this has always been a CARE type systemhugheskevi said:
1995 or 2008 scheme will increase in line with change in final pensionable earnings whilst still active, not CPI+1.5%. If it becomes deferred it would increase by CPI.r2i said:Re your post on 8.1.22, I believe that lump sum is not considered for AA calculations (only for LTA). The 'virtual' pot increases with CPI+ 1.5%. Your 1995 or 2008 value would still grow up by cpi+1.5% , even if you contribute in 2015 scheme. So be aware of these values, when calculating LTA.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.1K Banking & Borrowing
- 254.6K Reduce Debt & Boost Income
- 455.8K Spending & Discounts
- 247.9K Work, Benefits & Business
- 604.9K Mortgages, Homes & Bills
- 178.8K Life & Family
- 262.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards