Retirements Revision Pages

Number Crunching and Taking Action - 2024/25 Case Studies

Learners should be aware that there WILL BE CHANGES for the next series of CPC examinations in September 2024. 

For Retirements, learners will now be expected to test the monetary value of any tax-free cash sums (or the monetary value of the non-taxable element of any UFPLS payments) against the monetary values of both the member’s remaining LSA and LS&DBA.   

Example Case Studies are available as normal in the Case Studies section of this website. 

For Number Crunching:

Take a look at an individual Case Study from the Number Crunching column.

Calculate the RETIREMENT benefits payable (using the appropriate Scheme Booklet and Tables of Factors).

Check your answers against the answers provided in the Answer column.

For Taking Action:

For the chosen Case Study, write a letter to the trustees / member to communicate the RETIREMENT benefits payable and the action to be taken.

Compare the contents of your letter with the information required to be communicated from the Taking Action column.

PLEASE WRITE FULL ANSWERS AND NOT BULLET POINTS

XYZ Pension and Life Assurance Scheme (CAT A)

XYZ Pensions and Life Assurance Scheme (CAT B)

RST Pension Scheme

OPQ Retirement & Death Benefits Plan