The following table does not take into account the amounts that would be payable under the Public Service Pension Plan (PSPP) to Ms. X's eligible survivors. Furthermore, the tax amount that would normally be payable at source is not factored into the following data.

Pension Benefits and Annual Annuities
Age	Year	Scenario 1 Transfer value at age 48	Scenario 2 Deferred annunity at age 60	Scenario 3 Annual allowance at age 53 with 25 years of service	Scenario 4 Immediate annunity at age 58 with 30 years of service
48	2003	227,924.48
53	2008			27,374.69
54	2009			28,195.93
55	2010			29,041.81
56	2011			29,913.06
57	2012			30,810.45
58	2013			31,734.77	53,288.79
59	2014			32,686.81	54,887.45
60	2015		34,218.26	33,667.42	56,534.08
61	2016		35,244.81	34,677.44	58,230.10
62	2017		36,302.15	35,717.76	59,977.00
63	2018		37,391.22	36,789.29	61,776.31
64	2019		38,512.95	37,892.97	63,629.60
65*	2020		30,767.76	26,917.53	50,284.41
66	2021		31,690.79	27,725.05	51,792.94
67	2022		32,641.52	28,556.80	53,346.73
68	2023		33,620.76	29,413.51	54,947.13
69	2024		34,629.38	30,295.91	56,595.54
70	2025		35,668.26	31,204.79	58,293.41
71	2026		36,738.31	32,140.93	60,042.21
72	2027		37,840.46	33,105.16	61,843.48
73	2028		38,975.68	34,098.32	63,698.78
74	2029		40,144.95	35,121.27	65,609.74
75	2030		41,349.29	36,174.90	67,578.04
76	2031		42,589.77	37,260.15	69,605.38
77	2032		43,867.47	38,377.96	71,693.54
78	2033		45,183.49	39,529.29	73,844.34
79	2034		46,539.00	40,715.17	76,059.67
80	2035		47,935.17	41,936.63	78,341.47
81	2036		49,373.22	43,194.73	80,691.71
82	2037		50,854.42	44,490.57	83,112.46
83	2038		52,380.05	45,825.29	85,605.83
84	2039		Etc.	Etc.	Etc.

In this comparison exercise, Ms. X learns that she can estimate the value of her future PSPP pension benefits and eventually those of her survivors.

As for her Transfer Value, Ms. X has to ask her pension manager some questions such as: Can she choose an immediate life annuity? A deferred annuity? At which age can she begin receiving money? How much would her life annuity amount to? Are there survivor benefits? Etc.

After having those questions answered, Ms. X could be in a position to estimate her rate of return on her investment outside the PSPP she has to earn in order to obtain the pension she needs. Afterwards, she can add an annual amount in her Comparison Table under Transfer Value.

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