PPRuNe Forums - View Single Post - AFPS (Lifetime Allowance).
View Single Post
Old 3rd Jan 2023, 12:42
  #45 (permalink)  
Lima Juliet
 
Join Date: May 2000
Location: UK
Posts: 4,336
Received 82 Likes on 34 Posts
Originally Posted by MechGov
I retired a few years ago and was just short of breaching the LTA. Will subsequent index linking take me over the limit or is the 20 times plus gratuity calculation done at the point of retirement?
A Benefit Crystallisation Event (BCE) used to value LTA is normally a once off event, but there are other things that can trigger a re show. They are know as BCE 1-9. They are listed here: https://www.gov.uk/hmrc-internal-man...nual/ptm088100

I expect that if you have PENSION in payment then you’ll be fine. But if you have EDP in payment then it will be valued when it switches to PENSION.
Lima Juliet is offline