Pay Related exchange rate 2017/18

08 June 2017

The pension exchange rate for the Flexible Scheme’s Pay Related Section has been set at 26.8% for 2017/18.

This means that to purchase a pension equal to 1% of Final Pensionable Salary, a member would have to contribute 17.8% of salary, with a 9% contribution from Clarks.

News

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Tax on pensions is a complex subject. The Government have made further changes to both the annual allowance and lifetime allowance.
08/06/2017
The pension exchange rate for the Flexible Scheme’s Pay Related Section has been set at 26.8% for 2017/18
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