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View your deferred pension value; Pensioner Members. version of this document in a more accessible format, please email, Check benefits and financial support you can get, Find out about the Energy Bills Support Scheme, New State Pension: if you've been contracted-out of additional State Pension. We use some essential cookies to make this website work. A collection of information related to the police pension schemes. JavaScript is required for the best user experience. "Protected accrued pension rights are only truly protected if you can access them at the time they become available to maximise their benefit hence why most police officers currently retire with 30 years' pensionable service on the 1987 scheme," they explained. This calculator will provide an illustration of your pension at a chosen retirement age. Please do not make any financial decsions until you have an official projection from your own pay department. A calculator is available for the NHS, Teachers, Police and Fire schemes. When you take your Police Pension you will be given the option of being able to take up to 25% of your pension fund as a tax-free lump sum payment, known as commutation. This Commutation Slider Tool is designed for officers in the 1987 scheme with full protection and not subject to the Police Pension reforms. Request an accessible format. The Pensions Calculator went live on 9 March 2018. Your forecast will include income from defined benefit and defined contribution pensions, and your State Pension. This section provides a link to the Police Pensions. Estimates for retirement providing full remedy period benefits in either the legacy or CARE schemes will be available once legislation and software is in place in late 2023. If the service is pensionable, that is how it is worked out for an AFpS 75 preserved pension. Results are shown in two ways. JavaScript is required for the best user experience. If you can't use the Pension Portal, use the Retirement Modeller to estimate your pension. It will take only 2 minutes to fill in. What is a pension's cash equivalent transfer value? XPS Pension Administration West Mercia Police Pensions are administered by XPS Administration. Job Search. We apologise for the inconvenience this may cause members affected and we will provide an update once this functionality becomes available. Kier Group Pension Trustees website This calculator is for guidance purposes and the outputs provided are illustrative only. Welcome to the Member Self-Service website View your pensions data online, update your details and use our online planning tools to see how much you could be saving for retirement. Find out more>, The results produced by the calculator are indicative only and do not in any way constitute financial advice, Case Studies: DC Chris Beech discusses the impact of DG6 on workloads, Case study: Horrific three year investigation, Case study: Sussex - five year investigation, Case study: "I thought I would go to jail", "I wish Id gone to the Federation sooner, "Id have hated to be fending for myself". Following extensive lobbying by us, the Home Office (HO) commissioned the Government Actuarys Department (GAD) to produce a pension calculator for use by police officers, in order to provide them with an illustration of the retirement benefits they might expect to receive from the police pension schemes, when they choose to retire. The High Court has rejected a judicial review claim brought by the Police Superintendents' Association against the government's McCloud consultation, despite finding legal errors in the process. Those are the questions our pension calculator will help you answer.