It is one of the reasons that I BCE’d 10 years ago when the LTA was £1.8M. Now I’ve rejoined and earning a new pension, then I would need to earn a massive new pension to breach it. Sadly, you can’t do that retrospectively, so those looking at McCloud Judgements will also need to carefully consider this.2007/08 £1.60m
2008/09 £1.65m
2009/10 £1.75m
2010/11 £1.80m
2011/12 £1.80m
2012/13 & 2013/14 £1.50m
2014/15 & 2015/16 £1.25m
2016/17 & 2017/18 £1.00m
2018/2019 £1.03m
2019/2020 £1.055m
2020/2021 £1.0731m
2021/2021 £1.0731m
It’s now FROZEN until 1 Apr 26, which means that the £1.0731m will slowly depreciate in real-term value. Sadly there isn’t much you can do about it retrospectively. However, those that were made redundant in the 2010 SDR redundancy rounds, that rejoined again later, should be able to take advantage of this if they received an IPP under AFPS75. Every cloud...