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