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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To ask about Civil Service pensions?

52 replies

Snickerdoodles · 01/06/2018 14:08

I learned last night that when civil servants start receiving their pensions, they get paid a set amount of money per year from the time they retire for the rest of their life.

From what I understood, the annual amount they get paid in their pension is based on their starting salary.

I only read this on an online message board and can’t find anything else to back it up. Is this correct?

OP posts:
blueshoes · 02/06/2018 18:02

OP,

Look at the specific Alpha illustration in the link I gave you and the rest of the information in the links as well as cut-and-pasted for you regarding Alpha.

Look at ReasonableLlama's Alpha calculation.

Or alternatively, provide the information so we can calculate for you re: Alpha.

You have all the information you need to work Alpha out yourself or for someone else to work it out for you.

Good luck! Sheesh

Fightthebear · 02/06/2018 18:08

Great explanation from ReasonableLlama Smile

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