Archive 6 of IBM UK's radical downgrade : AMIPP Forums (Message Boards)
of its pension provision.
YOU CAN NO LONGER POST HERE! This is now an archive
Re: Pension Statements - A strange CPI Issue
Posted by: Mad Dog (IP Logged)
Date: 09 February 2014 05:52PM
Eddy
I've noticed the same on my January 2014 Pension Benefit Statement, i.e. the FPE for April 2011 and December 2013 are both showing the same value. This in itself was not a surprise to me, as I'd expected the FPE to be a "frozen" figure at the closure of the DB plan.
However (and to some extent I'm playing Devil's advocte here), I can't tell how, from the information provided in the Benefit Statement, you've worked out that no inflation uplift has been applied from April 2011. Could you explain that in a bit more detail so I can follow the logic and check my own statement?
many thanks
I've noticed the same on my January 2014 Pension Benefit Statement, i.e. the FPE for April 2011 and December 2013 are both showing the same value. This in itself was not a surprise to me, as I'd expected the FPE to be a "frozen" figure at the closure of the DB plan.
However (and to some extent I'm playing Devil's advocte here), I can't tell how, from the information provided in the Benefit Statement, you've worked out that no inflation uplift has been applied from April 2011. Could you explain that in a bit more detail so I can follow the logic and check my own statement?
many thanks
Sorry, you do not have permission to post/reply in this forum.