ARB / Premature Retirement Calculator

For NPA 60 members (80^th scheme members) only

1. Calculator Disclaimer: Before proceeding you should consider the options available in relation to how a member may enhance their benefits as this may affect the amount of service you wish to use in the calculation.

PLEASE NOTE: New actuarial reduction factors are being introduced in respect of all actuarially reduced and premature retirement benefits payable on or after 1 October 2007. Read more. This version of the calculator is for retirements on or after 1 October 2007.

2. If you are an employer and wish to obtain details of an employee's service history you should contact Teachers' Pensions. If, however, you are an employer who subscribes to TP Online then you can request such information via that route. Employers who do not subscribe to TP Online and who would like further information about this should email tpdata@capita.co.uk.

3. This facility can be used to calculate an estimate of Premature Retirement Benefits in respect of teachers aged between 50 and 59 inclusive. The results will show details of benefits apportioned between the TPS and the employer.

4. This facility can also be used to calculate an estimate of ARB retirement benefits but please note such retirement is only available to members aged between 55 and 59 inclusive.

5. You can also use this facility to calculate an estimate of Phased Retirement benefits that are actuarially reduced but this retirement is only available to member’s who are aged 55 or over and have some pensionable employment on or after 1 January 2007. Just enter the amount of service you wish to base your phased retirement benefits on but this must not exceed 75% of your total pensionable service.

6. To obtain a basic calculation, enter the information requested below, then press the 'Calculate' button to see your results.