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If I participate in PensionSMART will it affect future pay increases or any other payments?

April 26, 2017affect future increases participate pay PAYMENTS pensionsmart

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If I participate in PensionSMART will it affect future pay increases or any other payments?

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Not at all. All future pay rises will continue to be based on your Basic Salary at its pre-PensionSMART value. Similarly, all pay components which are derived from Basic Salary e.g. overtime, will also continue to be calculated on your pre-PensionSMART Basic Salary.