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

Published byBaldric Bruce Modified over 8 years ago

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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 Local Government 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 LGPS pre April 2008 - example Pension 1 / 80 ×= == Lump sum ×= 10 3 / 80 10 × Final salary ×

6 Police Mutual 2010 LGPS post April 2008 - example Pension 1 / 60 ×= Lump sum 10 × Final salary = × £12 =

7 Police Mutual 2010 Pension Pensions benefits Benefits

8 Police Mutual 2010 www.pmas.co.uk www.moneymadeclear.org.uk www.lgps.org.uk Further information

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