"BigGirlsBlouse" wrote in message
...

"rick stevens" wrote in message
...
Hi

Not sure if this is the right newsgroup to ask this, 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


IMHO you grab it quick before the employer takes it away.

remainder snipped


You clearly know much about these matters, Rick.
I've been retired many years and was on a final-salary scheme when I
was working.
My pension is index-linked. I've not noticed any mention of
index-linking when these matters are discussed here. Is I/L implicit in
a F/S scheme, or am I just fortunate?
Sadly, my wife dumped me some years ago but my scheme would have
given my widow a 'half-pension' for her remaining years. Is that common
with these schemes?

--
DB.