文档介绍：()61years+11months=61years10months=+61years1omonths=,andcarers,whoaretreatedasifearning￡11,600pa(eveniftheyactuallyhavenoearningsatall).–TermIncapacityBenefitPeoplewhoseearningsarebelowtheLEL,,theamountcontributedandthecostofanannuityatretirementTheemployernecessarilycontributescostsinexcessoftheemployeecontributionsTheemployercontributionsarefixedTheemployertakesfinancialriskEachmembertakesfinancialriskBenefitssuitlong-servingemployeesbetterastheyhaveprogressiveincreasesinpensionablepayBenefitssuitshort-servingemployeesorthosewhosepensionablepayfluctuatesInlandRevenueLimitControllingDirectors:Thesearedirectorswhoownorcontrolatleast20%:NRDisusuallybetween60and75,thatis,,).Returnedtothemincash:).Preservedintheschemethattheyareleaving:).Investedinapersonalorstakeholderpension:Underthe1985SocialSecurityAct,anypreservedordeferredpensioninamoney-purchasepersonalorstakeholderpensionschememustreceivethesametreatmentintermsofinflation-indexingan