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State pension forecast

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SouthCoastBoy
SouthCoastBoy Posts: 1,077 Forumite
1,000 Posts Fifth Anniversary Name Dropper
in Pensions, annuities & retirement planning
Interestingly my state pension forecast statement doesn't seem to equate? Does anybody know why this is the case? I was expecting 230.25*52=£11,973




It's just my opinion and not advice.

Comments

  • NickPoole
    NickPoole Posts: 38 Forumite
    10 Posts
    It's £230.25 divided by 7 (daily amount) multiplied by 365.25 (for the leap year)
  • badmemory
    badmemory Posts: 9,518 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Everything except the £230.25 are nonsense figures anyway because you cannot receive the pension either monthly or annually.  Also what you would report on your self assessment is dependent on how many weeks pay days there are in any given tax year.
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