If you are considering retirement options the following information will help you have an idea of what your pension will look like:
Please see the advice from SPPA here
Obtain your annual benefit statements from the SPPA website by clicking here
SPPA have identified an issue with the 2020 annual benefit statements and these will not be available until the end of October 2020.
If statement details are not correct you will need to contact SPPA (details below).
If you have been on the same pay point for the last 10 years and the service on your statement is correct, then the calculator in the following link will give you a good indication of your pension benefits. Click here
When submitting Summer 2020 retirement applications we recommend that these are sent electronically to your HR department/SPPA as they will reach relevant staff working remotely (please note you will be required to print the form and complete with a pen then scan/photograph to send electronically)
If you are looking for estimated phased retirement figures, simply take up to 75% of the amounts on the estimate from the calculation you have done above. 75% is the maximum available for phased retirement.
Should you require estimates for ill health retirement or winding down you can contact SPPA directly on 01896 893 000 or by email: email@example.com quoting your GTC number or NI Number.
For financial advice you can contact EIS Financial Services here.