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Police Mutual Financial Wellness

Police Mutual Financial Wellness. Saving and Investment. Pensions. Where are you now?. Managing your Debt. Borrowing. Protecting what matters. Local Government Pension Scheme. 7. 6. 5. 4. 3. 2. 14. 1. 13. 12. 11. 10. 9. 8. 21. 20. 19. 18. 17. 28. 16. 27. 15. 26. 25.

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Police Mutual Financial Wellness

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  1. Police Mutual Financial Wellness Saving and Investment Pensions Where are you now? Managing your Debt Borrowing Protecting what matters

  2. Local Government Pension Scheme

  3. 7 6 5 4 3 2 14 1 13 12 11 10 9 8 21 20 19 18 17 28 16 27 15 26 25 Service 24 23 Finalpension Pensionannuity 31 30 27 26 £ £ £ £ £ £ £ Calendar Credit Types Of Pension Final salary = × × Start Time End = Time Start End Money purchase

  4. 1 / Finalsalary Finalsalary 80 £ £ 3 / Credit Credit 80 = = LGPS pre April 2008 - example Pension × × = 10 Lump sum × × = 10

  5. 1 / Finalsalary 60 £ £ Credit = LGPS post April 2008 - example Pension × × = 10 Lump sum = × £12

  6. Pension Benefits Pensions benefits

  7. www.pmas.co.uk www.moneymadeclear.org.uk www.lgps.org.uk Further information

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