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Alternatively, you can download a copy of the Newsletter and read the FAQs relating to the proposed changes.
This calculator aims to show you the effect of the changes to the BOC Pension Scheme on your benefits. It shows the benefits you would earn under the new Scheme rules – rather than the current rules. The calculator uses a single, constant pay rise assumption from the date of calculation to retirement. As a result, you should note that the calculator does not demonstrate the effect of the:
This calculator carries out calculations based on the data which you input and assumptions about the future such as inflation rates. It also assumes that the BOC Pension Scheme will not change further, and that you remain a member until you retire. None of us can predict the future, so please remember that the results shown by the modeller are for illustration purposes only and do not guarantee any future outcome or entitlement. Your actual pension amount at retirement is likely to differ from the estimated figures shown.
If you are close to or considering retirement, you should contact BOC Pension Services for a formal retirement quotation.
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