Presentation is loading. Please wait.

Presentation is loading. Please wait.

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

Published byGwen Shepherd Modified over 8 years ago

Similar presentations

Presentation on theme: "Police Mutual 2010 Police Mutual Financial Wellness Where are you now? Managing your Debt Protecting what matters Borrowing Pensions Saving and Investment."— Presentation transcript:

1

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

3 Post 2006 Police Officer Pension scheme

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

5 Police Mutual 2010 Understanding what’s pensionable Basic Salary £36’519 Overtime £2’400 Competency Threshold £1’212 £40’131 £37’731

6 Police Mutual 2010 How Pensions Work Pension benefits Police pension Private pension 9.5% 20% 30%

7 Police Mutual 2010 Pension Example Final salary 1 / 70 ×× 1 / ×× 35 = Lump sum Annual pension 4 ×=

8 Police Mutual 2010 Pension Example Final salary 1 / 70 ×× = Lump sum Annual pension 4 ×= 25

9 Police Mutual 2010 Pension Pensions benefits Benefits

10 Police Mutual 2010 www.pmas.co.uk www.moneymadeclear.org.uk www.homeoffice.gov.uk/police/police- pensions/ Further information

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

Similar presentations

The Circular Flow of Income and Expenditure

The Circular Flow of Income and Expenditure
Investme nt. What is Investment? Money you earn is partly spent and the rest saved for meeting futures expenses.

Investme nt. What is Investment? Money you earn is partly spent and the rest saved for meeting futures expenses.
WHAT IS COMPLEX ABOUT SAVING FOR A GREAT FUTURE? FOR FINANCIAL ADVISERS ONLY.

WHAT IS COMPLEX ABOUT SAVING FOR A GREAT FUTURE? FOR FINANCIAL ADVISERS ONLY.
Copyright © 2008 Pearson Education Canada 7-1 Chapter 7 Interest.

Copyright © 2008 Pearson Education Canada 7-1 Chapter 7 Interest.
ANNUITIES Sequences and Series

ANNUITIES Sequences and Series
Chapter 7: Household Production, the Family and the Life-Cycle

Chapter 7: Household Production, the Family and the Life-Cycle
Guernsey Public Sector Pension Scheme proposals

Guernsey Public Sector Pension Scheme proposals
Lesson 16 Investing for Retirement. Key Terms  401(k) Plan  Annuity  Defined-Benefit Plan  Defined- Contribution Plan  Employer- Sponsored Retirement.

Lesson 16 Investing for Retirement. Key Terms  401(k) Plan  Annuity  Defined-Benefit Plan  Defined- Contribution Plan  Employer- Sponsored Retirement.
The Retirement Protection Plus Program Disability Insurance Protection for Retirement Plan Contributions.

The Retirement Protection Plus Program Disability Insurance Protection for Retirement Plan Contributions.
Ch. 7: LIFE-CYCLE ASPECTS OF LABOR SUPPLY. Choice of retirement age.

Ch. 7: LIFE-CYCLE ASPECTS OF LABOR SUPPLY. Choice of retirement age.
1 Personal Financial Planning. 2 Investing for Retirement Will you be able to retire? –When? –At what standard of living? –How much will you need to retire?

1 Personal Financial Planning. 2 Investing for Retirement Will you be able to retire? –When? –At what standard of living? –How much will you need to retire?
Revaluation of USS Pension Scheme – Staff Briefing October 2014 Richard Benson, John Garnham Improving health worldwidewww.lshtm.ac.uk.

Revaluation of USS Pension Scheme – Staff Briefing October 2014 Richard Benson, John Garnham Improving health worldwidewww.lshtm.ac.uk.
NHS Pension Scheme. Agreed in 2008 A 1995 and 2008 section NHS Choice exercise Tiered and progressive contribution rates Employer cap of 14% on contributions.

NHS Pension Scheme. Agreed in 2008 A 1995 and 2008 section NHS Choice exercise Tiered and progressive contribution rates Employer cap of 14% on contributions.
Employer consultation 2015 Consultation with affected employees on proposed changes to the Universities Superannuation Scheme.

Employer consultation 2015 Consultation with affected employees on proposed changes to the Universities Superannuation Scheme.
Universities Superannuation Scheme (USS) Employer Consultation 2015 Consultation with affected employees on proposed changes to the Universities Superannuation.

Universities Superannuation Scheme (USS) Employer Consultation 2015 Consultation with affected employees on proposed changes to the Universities Superannuation.
Reforms to the Civil Service Pension Scheme Update: February 2012 Your Questions Answered.

Reforms to the Civil Service Pension Scheme Update: February 2012 Your Questions Answered.
1 Contributory Pension Scheme Members’ Meeting 10 July 2013.

1 Contributory Pension Scheme Members’ Meeting 10 July 2013.
CONTRACTING OUT IN THE UK A PARTNERSHIPSHIP BETWEEN PUBLIC AND PRIVATE PENSIONS Chris Daykin Government Actuary Rome, 3 April 2003.

CONTRACTING OUT IN THE UK A PARTNERSHIPSHIP BETWEEN PUBLIC AND PRIVATE PENSIONS Chris Daykin Government Actuary Rome, 3 April 2003.
Financial Products Module 2 1. Agenda Protection Mortgages Pensions Savings and Investments 2.

Financial Products Module 2 1. Agenda Protection Mortgages Pensions Savings and Investments 2.
Contribution Rates and Benefits of the U.S. Pension System International Pension Conference FIAP and the Chilean Pension Funds Administrations Association.

Contribution Rates and Benefits of the U.S. Pension System International Pension Conference FIAP and the Chilean Pension Funds Administrations Association.

Similar presentations

Ads by Google