What will I get when I take my pension?
Your pension will be the amount that has built up for you in PACE, plus the Revaluation Increases while you were a Member.
This example shows how your pension builds up while you are a Member assuming that the Revaluation Increase has been 5% per annum during the period of membership. So, based on this example, if you were a Member for ten years and received increases in pension revaluation and earnings as shown, you would receive an annual pension at Normal Pension Age from PACE of £2,525.97. The longer you are a Member, the more pension you will build up.
