Early Riser
Registered User
- Messages
- 1,643
Career breaks or anything else that is at the discretion of the employer seem to be non runners in my workplace.
That is a real pity. Worth a try, all the same?
From what I've heard, final salary pension calculations are based on the "average of the best 3 years in the final 10 years of service". If this is the case, taking a lower paid job might or might not affect the calculation.
Not sure, but I don't think it is quite like that. The average of "the 3 best years in the last 10" relates to pensionble allowances rather than pensionable salary, which is the average of the final 3 years (AFAIK).
For some reason, I thought that single scheme service would be amalgamated with previous (final salary) service and a calculation done which would have a negative effect on the final salary service.
No, you are ok on this score. You keep the pension terms and conditions for your existing scheme for the years that you have served. The Single Scheme terms would only apply to service in a new job at a later date.