a b c d e f g h i j k l m n o p q r s t u v w x y z
Welcome to GMPF
Home Contact Us Join the Scheme For Members For Pensioners Benefits on Hold

 

 

 

 

 

 

Final Pay Ready Reckoner

This ready reckoner is designed to show an earlier pay figure in today’s money. For example, since 1 September 1990 the cost of living has risen by 71.30%. A final pay of £10,000 from then is therefore worth £17,130 in today’s money.

To work accurately, the pay figure and date that you are about to enter must be correct. The final pay used to calculate your deferred benefits must also be the pay relating to your last 12 months of deferred service. If pay from an earlier period was used, the new figure that the reckoner will calculate will tend to be lower than it should be.

Online Benefits Calculator

This ready reckoner uses the modern terms final pay and deferred benefits. Previously these were known as pensionable remuneration and preserved benefits.

This ready reckoner is also to help you decide whether to retain your deferred benefits or to cancel them and link your deferred membership with your current employment.

* Click here for the Final Pay Ready Reckoner

back Back

Pensions Office, Concord Suite, Manchester Road, Droylsden , M43 6SF Helpline: 0161 301 7000 Email Us: mail@gmpf.org.uk