Your NHS Pension Choice


What is the basic pension calculator?

The basic pension calculator is a web-based modelling tool to support the information-gathering activities of members of the NHS Pension Scheme during the Choice Exercise. The calculator enables members of the NHS Pension Scheme to see how the design of the scheme's two sections (i.e. the 1995 and 2008 sections) affects the amounts of benefits that can be paid at retirement.

The basic pension calculator is intended to provide a dynamic demonstration of the differences between the designs of the 1995 and 2008 sections of the NHS Pension Scheme as they affect annual pensions and lump sum retiring allowances at different retirement ages and with different amounts of reckonable service. The calculator also demonstrates the flexibilities afforded members of the NHS Pension Scheme through pension commutation.


 

Enter your details

1. Your date of birth  
2. Your gender   M   F
3. The age at which you intend to retire     years
4. Would you have special class status at retirement?   No Yes
5. The date you started reckonable service on  
6. Your total reckonable service to date     years
7. Percentage of full-time hours you intend to work going forward   %
8. Your expected salary at retirement   £
 
       



  Results

The date on which you would retire  
The date on which you will get your state pension  
The age at which you will get your state pension  
 
Standard retirement benefits     1995 Scheme   2008 Scheme
Standard annual pension £ £
Standard lump sum retiring allowance £ £
   
Equal lump sum in 2008 section     1995 Scheme   2008 Scheme
Annual pension £ £
Lump sum £ £
   
Giving up pension to increase lump sum    1995 Scheme   2008 Scheme
Minimum annual pension £ £
Maximum lump sum retiring allowance £ £
   
Survivor pensions    1995 Scheme   2008 Scheme
Survivor pension for female spouse £ £
Survivor pension for a male spouse,
nominated partner or civil partner
£ £

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