I checked on-line.
I've got 26 qualifying years.
It says my current pension estimate is £124.10 per week
It also says I need to contribute another 10 years to get the maximum £168.60 per week
There is also a COPE estimate of £36.94 per week
Questions:
1) Any idea how they've arrived at £124.10? (26/35*168.60 = £125.25 )
2) Why do I need to contribute another 10 years and not 9 (26+9 = 35)
3) Do I need to subtract the COPE £36.94 from £124.10 to calculate what I'll get off the state? ie. £87.16 per week
Many thanks in advance.
I've got 26 qualifying years.
It says my current pension estimate is £124.10 per week
It also says I need to contribute another 10 years to get the maximum £168.60 per week
There is also a COPE estimate of £36.94 per week
Questions:
1) Any idea how they've arrived at £124.10? (26/35*168.60 = £125.25 )
2) Why do I need to contribute another 10 years and not 9 (26+9 = 35)
3) Do I need to subtract the COPE £36.94 from £124.10 to calculate what I'll get off the state? ie. £87.16 per week
Many thanks in advance.
Comment