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Old 9th May 2017, 08:18
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Background Noise
 
Join Date: Jul 2000
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Originally Posted by Schnowzer
Having left as a Sqn Ldr I need to get to 97 by my calculations to reach the LTA. I'll be back in 2059 to give the answer😉
That's not quite how it works - it's the value of your pension 'pot' - or in our case, it is something like 20 times the initial annual pension, plus any lump sum. So you have already used up a certain amount of your LTA. If you have another pension scheme, that has to be added. The limit would be achievable with 2 well-paid pension schemes.
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