Originally Posted by
wokkamate
The big ‘but’ here is .... would one be better off reverting back onto 75 from 15, or better to stay on 15? No one has been able to answer that so far.
(Top level PAS, 22 years on 75, expecting 14 years on 15 by the time I retire)
Clearly, take professional advice if they offer you a choice of reverting. The annual allowance calculations which would be needed to assess retrospective and future tax liability on each scheme would be horrific, for one thing! But my non-professional guess is that you’re better off on the 75/15 combination. ‘Full’ 75 would only reward you for 34 of your 36 years’ service. Meanwhile the career-averaging of 15 would start from the high basic salary you were on in 2015. Seems ideal. But take professional advice!