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This helpful tool enables users to simply and quickly estimate the likely pension loss for Claimants in Employment Tribunal cases. It adopts the approach set out in the Tribunal Guidance which is suitable for Final Salary Pension schemes with retirement ages of 55, 60 and 65.
The tool offers help boxes to assist you in identifying the data required. The tool provides a helpful indication of the likely recoverable loss. Depending on the information used the tool will provide a Substantial and Simplified loss calculation, providing a comparison in appropriate cases. The tool is designed to provide an indicative calculation and is based on a number of assumptions. It is therefore recommended that the tool be used as a guide only. Expert advice and assessment should be sought where appropriate.
Whilst every effort is made to ensure accuracy, no responsibility is assumed for the results, calculation or information provided.
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