professional added years

Discussion in 'Public sector pensions' started by ABank, Jan 7, 2017.

  1. ABank

    ABank Frequent Poster

    If I have eg 17 years of actual service plus 3 professional added years of service, under revenue rules is my service = 20 years which will enable me to maximise my tax free lump sum? Ie receive 1.5 salary tax free.
  2. DingDing

    DingDing Frequent Poster

    Generally you need 40 years service to get a lump sum of 1.5 times salary.