Hi

Not sure if this is the right newgroup to ask ths, but here goes.

As part of a TUPE process, i have been given a one off chance to join my new
employers final salary pension scheme.

The information I have says your pension is based on your pensionable
service, and final pensionable pay in last 12 months.

The formula to calculate the pension is 1/60 x fpp x ps.

What exactly is pensionable service? Is it the number of years I have been
in the scheme?

Also, I am now 45, and have no other pension provision, is this worth doing?

thanks for any advice

Rick