Copyright The Local Government Association 2022, Site by Landscape - Opens in a new browser window, What to expect from your pension fund and employer. Police Pension Scheme Communication Priorities and Principles. If you'd like financial advice, then this is something we can offer. Annual return resource page for Police Scotland. XLSX Scottish Public Pensions Agency home page | SPPA That discrimination arose due to certain transitional arrangements put in place when public service pension schemes (including the police schemes) were reformed between 2014 and 2016.The second phase of the remedy, the retrospective remedy, is to remedy the discrimination that had taken place between 1 April 2015 and 31 March 2022. Without it you will experience limited functionality. 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. The benefit estimate calculator allows you to enter certain facts and assumptions about your career as a police officer or firefighter in order to make an unofficial estimate of your retirement benefits. Our pension calculators can help you see how much you might get, options for taking your money, benefits of paying more and who pays what to workplace pensions. Police pensions FAQs - polfed.org 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. 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. The Remedy is being implemented in two parts; firstly, rectifying the discrimination regarding future pension provision and secondly, rectifying the discrimination already caused. For an officer who is currently part-time the calculator assumes that the officer will continue to work part-time at the current proportion of hours worked until retirement - which may not prove to be the case. A remedy calculator (My Own Pension - McCloud) is also now available for members or former members of the Police Pension Scheme 1987and 2006 to use. Details This. 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, 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, an illustration of benefits, in todays' money terms, that may become payable at a retirement date selected by you, a description of the benefits payable for each scheme you've been a member of, an estimate of the maximum lump sum that could be payable. JavaScript is required for the best user experience. Police pension reform - GOV.UK Please consider updating your browser to enjoy an optimal experience. MFPRSI | Benefit Estimate Calculator There are some variables that officers themselves can choose to vary when using the calculator, for example: The date when they retire Whether they work part-time at any point.

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