How is the Cash Equivalent Transfer Value (CETV) payment calculated?
How is the Cash Equivalent Transfer Value (CETV) payment
calculated?
This is calculated by converting the value of
your NHS pension rights into a current cash value using factors supplied by the
Government Actuary Department (GAD). These factors will vary according to your
age, gender and marital status. The calculation may also take account of the
current level of the stock market.
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