Special Tax Notice - The Vargo Company
pension account. is reduced. How is my pension worked out - an example. Let's look at the buildup in a member's . pension account. for 5 years in the scheme. Let's assume that the member joins the scheme on 1 April 2015, that their . pensionable pay. is £24,500 in . scheme year. 1 and their . pensionable pay. increases by 1% each year. ................
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