Xerox Final Salary Pension Scheme - deferred member logo

How much will my pension be?

Your deferred pension is calculated as follows:

2% of your Final Pensionable Earnings
at the date you left Xerox for each year (and pro rata for each month) of Pensionable Service which you completed in the Xerox Final Salary Pension Scheme.

(Service after 31st December 2013 does not count as Pensionable Service.)


Example
Let us assume that you left the Company after 10 years' Pensionable Service in the Scheme with Final Pensionable Earnings of £18,000. Your deferred pension will be:

2% x £18,000 x 10 years = £3,600 a year