Pre A-day pension, calculation of LTA

[MyNameIsUrl]

I’ve just crystallised a DC fund – my first BCE – and my googling suggests that the LTA calculation should include not just the value of the DC fund but also take into account my Pre A-day pension, using the ‘annual rate of pension payable to the member on the day that first BCE occurs’ using a multiplier of 25.

My question is, who does the calculation? Do I inform the DC fund administrators so that they can include it in their LTA statement, or do I do it myself and just keep it in my records? I’m not aware of any need to report the percentage used at the moment (as it’s under 100%), but just doing a private note seems a bit informal.

[Steveam]

I informed AJB of a pre A-day pension when I wanted to take my PCLS and they did the calculations (which were very close to my own but some directional rounding).

Best wishes,

Steve