Personal Finance

What does your work pension pay? Surprising occupation with £46,000 annual pension


Politician

Politicians benefit from an incredibly generous pension scheme.

Currently, a 57-year-old politician earning £76,011 can retire in eight years with an annual pension income of £34,000.

NHS employee

All NHS employees have access to a CARE scheme which entitles them to a percentage of each year’s earnings.

A senior nurse earns an average of £35,000 and can retire after 25 years of service with a pension income of £14,500.

Additionally, employees can also receive a lump sum of a maximum £60,000.





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