Comparison of Revised Actuarial Factors for DB Members
This announcement affects some members of the C, N, DSL and I Plans.
The actuarial factors used to convert ASC/AVC and Money Purchase Transfer-in funds to pension are changing with effect from October 2008. You can read the announcement dated 8 July about this here.
A comparison of the current and new factors for April 2008 are included in downloadable PDFs below. The factors quoted are all for Limited Price Indexation (LPI) increases up to 5% once the pension has commenced.
Current employees can find details of the options for increases on ASC/AVC pension on this website under pensions plans / retirement / asc/avc options - you will have to sign in on the top right hand corner using your IBM intranet details first.
Although the changes are effective from October, the April factors are shown to enable current employees to compare the estimated benefits that were detailed in their 2008 Pension Benefit Statements that were issued in June.
Back to latest news
Downloads
To view any pdf files you will need Adobe Acrobat version 5.0 or above installed on your computer. You can download this free plugin by clicking here.
| File | Size | Uploaded | Link |
|---|---|---|---|
 C, N and DSL ASC/AVC Comparative Factors |
9.38KB | 2009-07-15 | Download |
| C, N and DSL Transfer-in Comparative Factors |
9.21KB | 2009-07-15 | Download |
| I Plan ASC/AVC Comparative Factors |
9.66KB | 2009-07-15 | Download |
| I Plan Transfer-in Comparative Factors |
9.60KB | 2009-07-15 | Download |
Last Updated: 09/07/2009
