Police Mutual 2010 Police Mutual Financial Wellness Where are you now? Managing your Debt Protecting what matters Borrowing Pensions Saving and Investment.

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Presentation transcript:

Police Mutual 2010 Police Mutual Financial Wellness Where are you now? Managing your Debt Protecting what matters Borrowing Pensions Saving and Investment

Local Government Pension Scheme

Police Mutual 2010 Types Of Pension StartTimeEnd Start Time End Final salary Money purchase = Service × Final pension × Pension annuity =

Police Mutual 2010 LGPS pre April example Pension 1 / 80 ×= == Lump sum ×= 10 3 / × Final salary ×

Police Mutual 2010 LGPS post April example Pension 1 / 60 ×= Lump sum 10 × Final salary = × £12 =

Police Mutual 2010 Pension Pensions benefits Benefits

Police Mutual Further information