Calculations Flashcards by Adam Sheehan | Brainscape

Q

Maximum PCLS - how to calculate?

A

Pension Income x CF

divided by

1 + (0.15 x CF)

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Q

How to calculate Pension Income after max pcls taken?

A

Starting Income - (PCLS divided by CF)

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Q

How to calculate LTA testing value for DB schemes?

A

(Pension Income x 20) + PCLS

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