Benefits of a Career as a Physician with VA
For each year of pensionable service, you will get 1/60th of final pay. Each day of pensionable service will count as 1/365th of 1/60th. For example, if you retire at age 60 with 35 years 28 days of pensionable service and final pensionable pay of £32,000, your pension would be assessed as – 35 28/365 x 1/60 x £32,000 = £18,707.58 a year ................
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