calculator

Your Salary (Full Time Equivalent)	£ monthly annual
Your Membership (This form is designed for full time members, if part time ~ work out the reduced proportion)	Up to 31/03/2008	After 01/04/2008
	years days	years days

Your benefits
The standard package of benefits is:	One off lump sum	Annual pension
The maximum tax free cash available is:	Maximum lump sum	Reduced pension
Notes
You can take the standard package, the maximum tax free cash, or anything in between. This calculator uses the standard LGPS 'exchange rate' of 1:12 for swapping pension for lump sum. In other words every £1 of pension you give up gets you £12 of lump sum. This ignores any AVCs you may have. This form does not take account of any reductions that may apply due to early retirement before age 65 or any enhancements that may be awarded due to ill health.

This online calculator is only intended as an approximate indication of your pension benefits.
You should not take any decisions based on these results.

This calculator has been provide with the help of Greater Manchester Pension Fund whose assistance is
gratefully acknowledged.

Disclaimer ... Please Read This Notice ...
While every care has been taken in the compilation of this information and every attempt made to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. Wolverhampton Council will not be held responsible for any loss, damage or inconvenience caused as a result of any inaccuracy or error within these pages. Links from this site lead to pages maintained by other organisations. These are provided purely for your convenience. They do not imply that the Council endorses or supports those organisations, the information on their pages, or their products or services in any way. No responsibility is assumed by the Council for the contents of their pages.
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