Help your employees get ready for retirement

As we’re approaching our busiest time for retirement applications, we’d like to share with you the reasons why your input is so important.

The information you provide to us on service and salary for your employees is the basis from which we do all retirement calculations. Getting it right the first time is key, not just for the member, but for yourselves and us. It’ll help to avoid any extra work or stress in the future.

To help, we’ve worked with our retirements team to look at all the information that you provide which is needed to work out a member’s pension.

We’ve created a factsheet to ensure we get it right the first time and on time. If we don’t, it can lead to re-calculations and an overpayment situation which can impact a member’s future.

Read our new factsheet (This link opens in a new window) to find out how we work out member’s benefits at retirement and how you can help us.

Last Updated: 22/06/2021 12:29