Item Welcome to the NHS Business Services Authority Knowledge Base, the place to ask us anything you need to know

Document If I have an Earmarking Order on my Pension, will this affect my Life Time Allowance / Annual Allowance?

If the Earmarking Order is on your pension the full value of these benefits, including those that are earmarked, are tested against the Lifetime Allowance (LTA) at retirement or death and will count towards the annual pension growth for Annual Allowance (AA) purposes.

The Earmarked benefits are not included when testing your former spouse or civil partner’s pension benefits against the LTA or AA.

earmarking, lta, lifetime allowance, annual allowance, aa
See also...

Need more help?

If this doesn't answer your question please contact us directly or search again. Search Again

Rate this answer