Free England FPS 2015 illustration

See CARE pension building year by year.

Model future annual pension from current accrued benefits, pensionable pay, salary growth and revaluation. This is an educational illustration, not a scheme quote.

Understand the scheme first
01

Starting position

Use the latest annual benefit statement where possible.

02

Planning assumptions

Use cautious rates and compare more than one scenario.

How the FPS 2015 illustration works

For each projected scheme year, the model adds 1/59.7 of that year’s pensionable pay as annual pension. Earlier CARE slices and the pension already entered are then revalued by your chosen assumption. Real scheme administration uses statutory orders and your individual record.

Do not mistake a projection for a quote

Before making a retirement decision, obtain a current annual benefit statement and a formal estimate from your pension administrator. Remedy service, breaks, part-time work and retirement timing can materially change the answer.