Translate a Pension Statement Into Plain English

Your pension statement is a wall of numbers and terms. Paste the key figures and this says in one sentence what the statement means, whether the projection meets the retirement you want, and what to change if not. Good if you file these unread every year. You walk away knowing where you stand and what to do about it.

<context>
You have received a pension statement from {PROVIDER_NAME} and it is full of numbers and terms you do not understand. You need to know whether you are on track for the retirement you want.

[paste the key figures from your statement: current pot value, projected value at retirement, projected income, target retirement age, and current contribution rate]
</context>

<task>
1. State in one sentence what this pension is worth today
2. Explain what the projected value at retirement means in practical terms: roughly what monthly income it might provide
3. Compare the projected income to a basic benchmark: the Pension and Lifetime Savings Association retirement living standards
4. Identify whether current contributions appear sufficient based on the projection
5. Name one question to ask the pension provider or an adviser based on what the statement reveals
</task>

<output_format>
- Five numbered points, two to three sentences each
- Plain English throughout, no pension jargon in the output
- Length: 200 to 300 words
- Tone: clear and practical
</output_format>