Ill health retirements are covered in their own section.
At the outset you should check the eligibility of your employee by:
When you meet with your employee:
If you are proposing to offer CAY, please read our CAY factsheet.
If you want to award additional pension of up to £5,000 use the APC calculator to generate the forms. Augmentation is no longer available.
Once you have decided on the type of retirement provide us with:
Word Docs should be emailed to firstname.lastname@example.org (or email@example.com) using Estimate of Benefits as the Subject:
If you are planning on requesting retirement calcs for 20 or more employees with the same retirement date, please contact one of our Liaison Officers rather than submitting separate request for retirement calculations forms.
If you are having a discussion with your employee about their retirement figures, you can use these pdfs to explain our calculations:
If your employee is paying AVCs, you may also like to make them aware that:
If you want us to process a retirement for an employee, provide us with:
Please check the parts completed by the member. For example, are the account details in the name of the member or a joint account which bears their name?
Forms should be emailed to firstname.lastname@example.org (or email@example.com) using the Subject: Actual Retirement. Excel spreadsheets should be sent to firstname.lastname@example.org (or email@example.com).
Once we have received your forms we:
When we provide the employee's final figures, we advise the employee that any CAY lump sum will be paid to them by their employer.
We will also advise you (using the e-mail address supplied on the S12) of the exact amounts of any CAY.
Once everything is in order, if there is no AVC we will
You need to: