Escalation

Escalation













Pension Advice Pages

You are here: Home breadcrumb Resources breadcrumb Pension Glossary breadcrumb Escalation

 





pensions annuities

pensions

           
       

£  

Please enter the total value of your pension. If your enquiry relates to a new pension enter your desired annual contributions

pensions



pensions

 

 

 

 


The age at which you are expecting to retire

pensions
pensions

 

Our Privacy PolicyTerms and Conditions

pensions

 

 

pension-providers

first step

 

  Welcome to The Complete Pension Guide 2017!


For – setting up a new pension, reviewing your pension, approaching retirement, looking into auto enrolment, and buying your annuity or entering income drawdown

Annuities: Immediate Vesting Personal Pension Plan (IVPPP) – Compulsory Purchase Annuity (CPA) – Purchased Life Annuity (PLA)

Free online quotes available to source the products and providers with the best rates and deals.



 

0

Escalation

When someone retires the pension they receive – be it from the State, a private pension plan or an occupational pension plan – will usually increase each year to cover a rise in the cost of living. The amount that the pension in payment increases each year by is known as escalation. People who have opted for a level annuity will not see their annuity payments increase each year as they chosen to receive the same amount each month.