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Fire Pension Scheme 1992 - pre-retirement

... ( read more ) LEARN MORE ABOUT: Retirement Pension Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing The Fire Pension Scheme 1992 (FPS 1992) is a pre-retirement pension scheme for firefighters in the United Kingdom. It was introduced in 1992 and is designed to provide firefighters with a secure financial future after they retire from the fire service. The scheme is funded by contributions from both the employer and the employee, and is designed to provide a pension when a firefighter retires. The scheme is also designed to provide a lump sum payment when a firefighter dies in service. The amount of this lump sum depends on the length of service and the amount of contributions made. The scheme provides a number of benefits to firefighters, including a guaranteed pension when they retire. The pension is based on a percentage of the firefighter’s final salary and i...