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Financial Calculators & Tools

Candid Calculator

If you have a final salary pension and your employer goes bankrupt, leaving a shortfall in the pension fund, you might be entitled to compensation from the Pension Protection Fund (PPF). If you're not yet taking benefits from your pension then use this calculator to estimate how much compensation you might receive assuming your employer is going bankrupt now. Please note: your actual PPF calculations will very likely vary. This calculator is only intended to give a simple estimate based on the information you enter below.

PPF Compensation Calculator
Your Age years old
Your current salary £ a year
Length of service ? years
Pension accrual rate ? 1/ th
Your retirement age ? years old
Annual Inflation Rate ? %

Based on PPF estimates, which apply to the majority of people. Actual figures may differ. Assumes you are not yet receiving retirement benefits from the scheme. Assumes there is no delay in reaching a settlement after the assessment date, there may be in practice. This calculator should not be used to calculate FAS assistance, as the exact calculation and figures used by PPF may vary.

Calculations are estimates provided for illustrative purposes only. Candid Money Limited accepts no liability whatsoever for their subsequent use.

Go to Calculators Homepage.