Presentation for uss members eifion morris apmi
Download
1 / 37

Presentation for USS members Eifion Morris APMI - PowerPoint PPT Presentation


  • 106 Views
  • Uploaded on
  • Presentation posted in: General

Presentation for USS members Eifion Morris APMI. Your USS Journey.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha

Download Presentation

Presentation for USS members Eifion Morris APMI

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Presentation for USS members

Eifion Morris APMI

Your USS Journey

Every effort has been made to present accurate information. Members are advised to check with their employer and/or the USS guides to confirm their understanding before acting on any information given. This presentation may be recorded for training and audit purposes.


Agenda


How much will your pension be?


The basics


The calculation

Each year your pension & tax-free cash are calculated and ‘banked’


What is salary?


Working out the pension


Example

We now need to add increases ‘revaluation’


What does ‘Revalued’ mean?


Example


Getting more out of USS


Put more in to get more out


Help from the tax man


Help from the tax man


Tax allowances


USS tax options


Added years modeller


Money Purchase AVC calculatorwww.pru.co.uk/uss


How to pay AVCs


Keep your house in order


Transfers in to USS


Benefits for your dependants


Dependant’s pension – how much?


Dependant’s pensions


What if you leave?


Benefits on leaving


Options after leaving


When can you stop working?


Normal retirement


Future increases to NPA - 66

October 2020 NPA increases to 66


Early retirement


Varying pension and cash


What next?


What next?

  • Pensions office contacts

  • Prudential – www.pru.co.uk/uss

    • 0800 234 6913

  • USS website – www.uss.co.uk

    • Slides available here

    • Pensions TV


Your questions


Pension increases


ad
  • Login