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Retirement benefits - Employees in England and Wales

Look forward to enjoying a guaranteed package of benefits when you retire, including a pension that increases every year in line with the cost of living for the rest of your life and the option to exchange part of your pension for a tax-free cash lump sum. 

Benefits are based on your period of membership and final pay near to retirement: as your pay and length of membership increase, so do your benefits.

Employees in England and Wales - you can find out about:

How to calculate your retirement benefits

If you are paying extra

Adjusting your retirement package - options on retirement

How your pension increases with the cost of living

 

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