The member will also be given an estimate of: Click here for more information 2021 Annual Benefit Statements. The calculator is for guidance purposes and the outputs provided are illustrative only. Login here Any pension benefits due will be backdated to their date of retirement. before any reductions. Benefits of Signing Up - altair Member Self-Service The issues raised include implementation of the second phase of the remedy to the unlawful age discrimination identified in the McCloud/Sargeant judgment, the pensions trap, and the overall relationship that Home Office officials have with those who represent serving officers across the country. Login - altair Member Self-Service Unfortunately, due to the complexity of the calculations, the NHS calculator does not yet contain functionality for Mental Health Officers or Practitioner members of the NHS pension scheme. It is not intended to provide you with . Police & Fire. 74% of employees would recommend working at XPS Pensions Group to a friend and 78% have a positive outlook for the business. Use our pension calculator to find out your pension forecast! Your Current Income - Enter your current income to allow us to calculate your contributions, if they are percentage based. There are also some elements that are not under officers control, such as movements in the Consumer Price Index (CPI). Follow us @PFEW_HQ for our latest updates, Read the latest edition of POLICE magazine, The Hub may not be available for some users, Find all the latest member discounts and services, A single place to find dedicated police charities within the UK, Offers available to stay at Police Federation HQ in Leatherhead The calculator allows police officers to see an illustration of their projected pension benefits. The police pension schemes are covered by governance arrangements that were introduced under the 2013 Public Service Pensions Act. To search for more than one item in a list, select the multiple criteria required using the keyboard keys 'Ctrl' or 'Shift'. See the 1987 Police Pension Guide and 1987 Police Pension Regulations for more information Since 5 December 2005, same sex couples have been able to have their relationship legally recognised. PK !l9.. mimetypeapplication/vnd.oasis.opendocument.spreadsheetPK !B ; styles.xml] OUA' ~c YJTj k . These are all subject to periodic review and adjustment as and when required. This online calculatorcan provide you with an illustration of the impact on the legacy and reformed scheme benefits toyour pension entitlement. Pension amount you would like to offset against your commutation, This calculation assumes that a 55% tax charge is applied where the commuted We understand that this may be disappointing to those of you who are eager to forecast your likely benefits, but the launch of the calculator will be a significant milestone in the wider implementation plan. It is intended illustrative purposes only. This calculator is for guidance purposes and the outputs provided are illustrative only. This calculator will allow protected members to continue to accrue benefits in their legacy scheme after 31 March 2022, which is no longer permitted. The calculator is for guidance purposes and the outputs provided are illustrative only. In just a couple of minutes, you'll get: A forecast of the likely pension income you'll get when you retire. The Regulator recommends four simple steps that can help protect members. Welcome - altair Member Self-Service Toopen the calculator,please ensure that you are using either Microsoft Edge or Google Chrome. This police pension calculator is for illustration purposes only. It's a Microsoft Excel file and can be used by members of the 1987, 2006 and 2015 schemes - as well as members who have benefits in more than one scheme. Members who retire before 1 October 2023 will have their benefits calculated on their current scheme entitlement. The calculator can provide you with an illustration of your pension entitlement and shows the impact of the 2015 remedy on your legacy and reformed scheme benefits . Quick links to information on the national Police Federationwebsite: Follow @WestMercPolFed for latest updates, Join us on Facebook for photos, news & views, Contact us in the office or a rep in your area, Find all the latest member discounts and services, A single place to find dedicated police charities within the UK, Offers available for members to stay at Police Federation HQ in Leatherhead, 40 minutes via train to London, Copyright 2019 Police Federation All rights reserved, the present value of their benefits (as if they had left service on 31 March 2021), the benefits on death (as if they had died in service on 31 March 2021), and a projection to Normal Pension Age (this age will depend on which scheme the officer will be a member of at retirement). The Current Version Of The Pps 1987 Police Retirement Calculator Is Available To Current Or Former Members Of The Pps 1987 Scheme Only. The calculator deals with the transitional provisions introduced along with the CARE 2015 Scheme (covering those who move across into the CARE 2015 Scheme from the PPS 1987 or the NPPS 2006) and also with the effects of periods of part-time service. Click here to find a comprehensive FAQ document regarding the pension remedy. Update on the Armed Forces Pension Calculator (including McCloud This online calculator can provide you with an illustration of the impact on the legacy and reformed scheme benefits to your pension entitlement. Pension calculators - Civil Service Pension Scheme Check benefits and financial support you can get, Find out about the Energy Bills Support Scheme, Governance for the police pension schemes, All schemes: pension administrator contacts, consultee list for the police pension scheme regulations, Public Service Pensions and Judicial Offices Bill, Public service pension schemes consultation response guidance, Police Advisory Board for England and Wales, Benefits of the police pension scheme 2015, The police pensions scheme 2015 members guide, Police pensions: early payment reduction 2015 scheme, The police pension scheme 2015: administrators guide, 2015 pension reform: verification of scheme's design cost, Police pension scheme 2006: members guide, Police pension scheme 2006: exchanging a lump sum, Police Pensions Regulations 2006: notes for administrators, Police pension scheme 2006: guidance on pensions for unmarried partners, Police pension scheme 1987: members guide, Police pension scheme 1987: commutation on retirement, Police pensions: 2015 scheme tax charge debits factors and guidance, Police pension administrator contacts: England and Wales, Police pension schemes: processing immediate detriment cases. The calculator can provide you with an illustration of your pension entitlement and shows the impact of the 2015 remedy on your legacy and reformed scheme benefits. Whether you need short briefings on new issues or in-depth support and professional development, XPSArena is for you. Part time working calculations only apply to the PPS 1987 and PPS 2006. This section provides a link to the Police Pensions Advisory Board webpage, which includes information related to the Police Pension Scheme Advisory Board. This section contains updates and policy information that Police Pension Scheme members may find useful. . Well send you a link to a feedback form. Members should be aware the calculator is for guidance only and the information provided is an estimate. The highest substantive rank held for two years or acting rank held for 3 . The normal pension age for the 2015 scheme is 60, although you can retire from age 55 with actuarially-reduced benefits. Eligible members will have a choice on retirement whether their scheme benefits relating to the Remedy period remain in their legacy scheme, or they choose to convert it to 2015 scheme membership. Follow us @PFEW_HQ for our latest updates, Read the latest edition of POLICE magazine, The Hub may not be available for some users, Find all the latest member discounts and services, A single place to find dedicated police charities within the UK, Offers available to stay at Police Federation HQ in Leatherhead