Pension Entitlement – Pensionfinder
This refers to the amount of pension you can expect to receive in retirement. Pension Entitlements applies to the State pension and occupational defined benefit schemes, such as a final salary pensions. For the basic State pension someone’s entitlement depends on their qualifying years (the number of years that they made National Insurance Contributions). The pension entitlement for those in a final salary pension scheme depends on their accrued benefits, which is based on their final salary at the company, as well as their pensionable service.