How do they calculate the SERPS pensions scheme?

Author	Message
Written on: 12.11.2009 [13:32]
Rochan Rochan Topic creator Posts: 2	With regards to the state earnings related pensions scheme, how do they arrive at a figure? What is the method of calculation used to determine this amount?
Written on: 17.11.2009 [10:03]
Voigt Voigt Posts: 1	That is a question that needs many answers in order to be replied. But I try: When were you born? How many working years you have contributed into the system? Do you have any pension credits? All of these details change the amount that you would receive.
Also very interesting: Why have final salary pensions stopped? FSA Pension calculator query: what is the lump sum? Is it necessary to send medical forms to the pensions office? Possible to recontract back into Serps pension? Tips on finding right retirement investment account? What count as assets? Accounts and investments? What is the pensions calculator supposed to prove? How to compare pensions? Best pensions for young people? Can you open pensions online?
Written on: 18.11.2009 [18:18]
Finlay Finlay Posts: 3	Although it is true that these factors alter the amount your receive, there are many other things too, best solution is to contact your local pension office or check online for more in depth info http://www.thepensionservice.gov.uk/