Members should be aware the calculator is for guidance only and the information provided is an estimate. This means some protected members may receive inaccurate pension estimates. McCloud/Sargeant and the 2015 Remedy pension calculators, Early Retirement Reduction Buy Out (ERRBO), Special class members and Mental Health Officers, Special Class and Mental Health Officer FAQ, Protection of Pay and Voluntary Protection of Pay, Pension estimates and annual benefit statements, NHS (Scotland) pension schemes death benefits, Resource account calculator (Protected members), Resource account calculator (Unprotected members), Teachers Early Retirement Reduction Buy Out (ERRBO), Joining the Scottish Police Pension Scheme 2015, Opting out or leaving the police pension scheme, Legal Aid (Scotland) Pension Scheme post 2010 Section, Legal Aid (Scotland) Pension Scheme pre 2010 Section. You have rejected additional cookies. A calculator is available for the NHS, Teachers, Police and Fire schemes. In certain circumsatnces credits from previous occupational pension plans may be carried forward into pensionable police service. Your total pension value is likely to exceed 1million and may therefore breach your Lifetime Allowance. The calculator assumes that CPI movement will be +2% on an ongoing basis. In just a couple of minutes, you'll get: A forecast of the likely pension income you'll get when you retire. MSS Support. You can find Q and As with more information here. The results produced by the calculator are indicative only and do not in any way constitute financial advice, which if required by a member, should be obtained from an independent financial adviser (IFA). If you have not received an email from mss@xpsgroup.com within five minutes, please check your junk/spam folder. We use cookies to help your user experience, understand how our website is used, and target promotional activity. Welcome. It will assumed that any periods of employment not entered are full time. This calculator is for guidance purposes and is an estimate only. The guidance can be accessed, The Home Office has now issued an update to the, Case Studies: DC Chris Beech discusses the impact of DG6 on workloads, Case study: Horrific three year investigation, Case study: Sussex - five year investigation, Case study: "I thought I would go to jail", "I wish Id gone to the Federation sooner, "Id have hated to be fending for myself", existing informal and non-statutory guidance. Job Search. You're on track to have 328,167 at retirement. Assuming the Public Services Pensions and Judicial Offices Bill is passed through parliament to remedy that . google_ad_slot = "2985645571"; You can change your cookie settings at any time. If you require help with filling in the "About You section, please refer to your most recent annual benefit statement. SPPA will provide members with information at the time to help inform their decision. membership and . This site is a hub of pension information which will hopefully serve you well during your career and in your retirement. Work out your State Pension age and State Pension income amount. There are many possible variables so for a definitive accuracy you must check your tax code with your tax office and always contact your force Pension department for a personal illustration before making any decisions around your retirement and pension. Taper protection preventing immediate transfer to the Police Penion Scheme 2015 was provided for some officers depending on age and service. Please note that the illustration is not a guarantee, nor is the calculator intended to provide you with financial advice. You can read the letter here. Reject unexpected pension offers whether made online, on social media or over the phone. We would suggest you contact your pension provider for clarification. Wed like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. New consultee list for police pension scheme regulations. before any reductions. Police Advisory Board and information on other governance arrangements: Benefits of the police pension scheme 2015 added to collection page.