Comparison of DB vs ETV
Defined Benefit (DB) Scheme vs Enhanced Transfer Value (ETV) Offer
Overview of your options
Here is a summary table of the personal circumstances and financial objectives that might lead you to Remain in the DB Scheme or Accept the ETV Offer
Remain in the DB Scheme | Accept the ETV Offer | |||
|---|---|---|---|---|
Take your benefits from the DB Scheme | Invest fund in an Approved Retirement Fund | Purchase an Annuity | ||
 | Main Source of my retirement income |  |
|  |
 | Part of my retirement income |
|  |
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 | Predictability | |
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 | Flexibility |
| |
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 | Security | |
| |
 | Opportunity |
| |
|
 | Short-term income |
| |
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 | Long Term Income | | | |
 | Short life expectancy |
| |
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 | Long life expectancy | |
| |
 | Requirement for potentially higher lump sum |
| | |
Your options if you decide to accept the ETV Offer
If you choose to accept the ETV Offer, you will have the option to invest in an Approved Retirement Fund (ARF) or purchase an Annuity Pension. There are advantages and disadvantages to both.
Please click the buttons below to review them.
