We’ve delivered some improvements and are planning further developments

Want to retire early? – we’ve updated the factors on this calculator and fixed a bug which meant the calculator would previously only take into account years in the calculation and not days and years.

See how much you can earn as a retired member – the revised Pension Increase factors will be added to the calculator next month, we apologise for the delay in providing this update.

Flexibilities – We know this is an eagerly anticipated development which will create a whole host of tools for members to understand and apply for flexibilities much easier. This includes development of:

• A modeller (personalised calculator) within My Pension Online to allow members a more accurate estimate of the costs and benefits of the different options (due for release early 2016)
• A calculator which will be available via our website to allow members and employers to better understand the costs and benefits of the flexibilities (due for release by December 2015)
• An improved web form with integrated modeller to allow members to apply for these flexibilities online (due for release early 2016)