Transitional Protection - new calculator

We’ve updated our calculators to reflect the Transitional Protection changes. Our quick pension estimate will help you understand more about when you could retire or the lump sum you could receive upon retirement. Based on the figures you provide it will tell you:

  • If you’re likely to be affected by Transitional Protection
  • If you’re likely to be affected, estimates of the final pension for the remedy period service (final salary and career average scheme)
  • Service to today and projections of service up to Normal Pension Age (NPA) or a selected retirement age
  • The maximum tax-free lump sum possible
  • The maximum pension you have to give up to receive maximum lump sum
  • Your normal retirement age
  • If you select retirement age before NPA, reduced final pension as the benefits are adjusted due to being paid longer
  • Your estimate of benefits based on full-time employment or fixed part-time employment.

Why not try out our new calculator?

There are limitations to what it can provide so please make sure you understand those when looking at your results.

Last Updated: 01/11/2023 10:19