Impact Of DAVIDS DB Scheme Entering PPF Flashcards

1
Q

Impact of David’s DB scheme entering PPF

A
  • David will continue to receive 100% income
  • no cap will be applied
  • all pre 97 benefits - including GMP - paid level/no increases
  • all post 97 benefits increase with CPI - capped at 2.5%
  • spouse pension will be 50% of Davids PPF entitlement
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