Calculating the annual pension accrual (2) Defined Benefit schemes: (e.g. final salary) such as USS and NHS Calculate the increase in pension over the
{"Image DocumentName": "Calculating the annual pension accrual (2) Defined Benefit schemes: (e", "Image ImageDescription": "Calculating the annual pension accrual (2) Defined Benefit schemes: (e.g. final salary) such as USS and NHS. Calculate the increase in pension over the year, i.e value at end, minus value at start. If you make added-years additional voluntary contributions, these should be included in the above calculation (as an increase in the pension value, not the cash cost to you) Index the opening value (start of year) using Consumer Prices Index (CPI) Multiply the increase in pension by 16. Ignore deferred pensions (eg frozen pensions accrued under former employers to which no further contributions are being made)", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}