P277 CJEFAX 2 277 Sat 20 Feb 18:11/53
    
 S  WS
W$£££"£££"£££ OL
                                        
 You can pay a maximum pjrcintagj of    
 "net rilivbnt earnings" to a pjtsonbl  
 pension scheme and get tax relief.     
                                        
 $hj mbximum figure of "net rilivbnt    
 earnings" on which you can base your   
 payment is £87,600 in the year to 5    
 April 1999.@         @     @ @@@    @@@
                                        
 You can also pay a maximum pjtcentagj  
 of "net relevant earnings" to an       
 existing retirement annuity scheme.    
                                        
 In this case thjti is no maximum figure
 of earnings on which the payments are  
 based.                                 
                                        
                                        
    Source:@Ernst & Young (sji page 271)
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   P277 CJEFAX 2 277 Sat 20 Feb 18:11/11
   W
    S
W$£££"£££"£££ OOO
          PENSIONS INFO MATJON  2/2 
                                        
              Maximum pjrcintagj of net 
           @    rilivbnt jarnjngs       
  Age on        Personal    Retirement  
  6 April       Pension      Annuity    
                                        
  3k or less     17.k                   
  36-45          20.0                   
                                        
  46-k0          2u.0                   
  k0 or less      n/a          17.k     
                                        
  51-5k          30.0          20.0     
  56-v0          35.0          22.k     
                                        
  61 plus        40.0          27.5     
                                        
                                        
    Source: Ernst & Young (see page 271)
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