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Police Mutual Financial Wellness

Police Mutual Financial Wellness. Saving and Investment. Pensions. Where are you now?. Managing your Debt. Borrowing. Protecting what matters. Post 2006 Police Officer Pension scheme. 7. 6. 5. 4. 3. 2. 14. 1. 13. 12. 11. 10. 9. 8. 21. 20. 19. 18. 17. 28. 16. 27. 15.

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Police Mutual Financial Wellness

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

  2. Post 2006 Police Officer Pension scheme

  3. 7 6 5 4 3 2 14 1 13 12 11 10 9 8 21 20 19 18 17 28 16 27 15 26 25 Service 24 23 Finalpension Pensionannuity 31 30 27 26 £ £ £ £ £ £ £ Calendar Credit Types Of Pension Final salary = × × Start Time End = Time Start End Money purchase

  4. Basic Salary £36’519 Competency Threshold £1’212 £ £40’131 £37’731 Overtime £2’400 Understanding what’s pensionable

  5. Private pension Police pension £ £ £ £ £ £ How Pensions Work 20% 9.5% 30% Pensionbenefits Pensionbenefits

  6. 1 1 / / × × Annualpension 70 70 £ £ £ £ £ £ £ Credit Credit Pension Example Final salary = × × 35 × = 4 Lump sum

  7. 1 / Annualpension 70 £ £ £ £ £ £ Pension Example Final salary = × × 25 × = 4 Lump sum

  8. Pension Benefits Pensions benefits

  9. www.pmas.co.uk www.moneymadeclear.org.uk www.homeoffice.gov.uk/police/police-pensions/ Further information

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