Pensions calculator – you’ll pay more, get less

Please click on the link below to see an approximation of how much more you could pay in and how much you may lose if the proposed pension changes go through.

Please note that some figures may seem high as they are based on an assumption of wages growth of 2% above inflation (the average before the current recession) for the rest of your career. So, for example, if you are earning £25,000 now and are to retire in 35 years time, the calculator will treat your final salary as £50,000 (as a 2% increase over 35 yrs will double it) and the pensions will be calculated based on that final salary).

http://www.unison.org.uk/pensions/yourpension.asp

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s