What does this mean for my pocket?

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PENSION AWARENESS WEEK

DAY 4 – WHAT DOES THIS MEAN FOR MY POCKET ? Provides a Full State Pension 2021/22 is only

£9,339 PER YEAR

SECURE INCOME FOR LIFE increased in line with inflation each year

HOW YOUR PENSION IS FUNDED*

20% BY YOU

40%

BY YOUR EMPLOYER

40%

BY INVESTMENT RETURNS

TAX RELIEF on the contributions that you pay

So for every £1 you put in, on average your employer puts in £2 and the investments contribute £2

WILTSHIRE PENSION FUND’ S INVESTMENT PERFORMANCE SHOWING ... that in the last three years, actual investment performance has exceeded expectations, putting the Fund in a healthy funding position! Billions

Omicron Covid-19 variant reopening

£3.35 £3.25 Bounce Back: Government Stimulus Strong Performance of “work from Covid-19 home” stocks

£3.15 £3.05 £2.95

*Based on averages

FLEXIBLE RETIREMENT Option of taking some of your pension if you reduce your working hours or move to a less senior position* *

subject to employer consent

THE 50/50 OPTION means you can pay half your normal contributions in return for half you normal pension helping members stay in the LGPS if things become financially tough

www.wiltshirepensionfund.org.uk For any questions, please contact us on our website

Vaccine Inflation Rally concerns £315m excess returns

um) r ann % pe n (3.8 io t a alu 019 v n at 2 retur d e t c Expe

£2.85

Flexibility to pay more or less contributions

War in Ukraine and inflation concernts

£2.75 £2.65

Actual Fund Valuation

£2.55 £2.45 Mar 19 Jun 19

Sep 19

Dec 19 Mar 20 Jun 20

Sep 20

Dec 20 Mar 21 Jun 21

Sep 21

Dec 21 Mar 22

Click here to learn more about how the money to pay your pension is invested!


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What does this mean for my pocket? by wiltshire95 - Issuu