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Dear colleagues, The standalone and integrated calculators available on the GPAA portal do not yet include the updated benefit calculations for the two-pot retirement system. Access to the calculator will be temporarily disabled to facilitate the deployment of the updated two-pot rules. As an alternative for a member who wishes to have a calculation of his/her estimated pension benefits, a benefit statement may be issued to any such member requesting an estimate of their benefits. The benefit statement includes all relevant service enhancements, reductions related to savings withdrawals, and other applicable service adjustments. Please note however that early retirement scenarios, both with and without downscaling, are not reflected in the current benefit statement. For this purpose, the use of the CIVPEN calculator has been communicated to Client Relationship Management (CRM) to be able to provide such estimates. The updated calculators will be deployed to the portal following successful testing and formal sign-off. |