Originally Posted by
hunterboy
Would it be possible to clarify the 51% into the pension bit? Is it not a FS scheme? Each year buys a fraction of your FS?
If they are paying 51% of your salary into a pension pot as a lump sump, I would suggest that is exceeding generous and you would be hard pushed to match that in any company outside of the RAF.
I was thinking just the same thing. I could be (probably am) being a bit thick, but I thought our annual pension contribution was calculated on the basis of salary x (years served / 47). So to get to 51% contributions surely you’d have to be serving beyond 23ish years?