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). You have rejected additional cookies. Please note that the illustration is not a guarantee, nor is the calculator intended to provide you with financial advice. 2 Marsham Street Your guide to the Police Pension Scheme 1987. If you'd like financial advice, then this is something we can offer. Members with 1987, 2006 and 2015 scheme benefits can use our 2015 remedy calculator to view a dual estimate and comparison between their legacy and CARE scheme benefits. GOV.UK has a police pensions calculator, which gives you the ability to see an illustration of your projected pension benefits. 6th Floor, Fry Building a new scheme will still provide a guaranteed level of pension - calculated as a fraction of your salary and uprated each year - not an unknown amount based on investment returns in addition to. It is not intended to provide you with financial advice. Get started by telling us some basic details. Three sets of results are shown on the basis that salary increases and inflation will be CPI, CPI+1% and CPI+2% respectively. The calculator makes an assumption about the continuing rate of CPI movement and also uses the currently applicable early and late retirement factors in the CARE 2015 Scheme where appropriate, and the current commutation factors for the PPS 1987. However, due to the way in which career average revalued earnings schemes work, it is more difficult to predict likely benefits under the CARE 2015 Scheme. Wed like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. This consultation document sets out the background to the second, retrospective, part of the remedy and an explanation of legislative and policy changes required to implement it. To estimate the value of your Scottish Police pension scheme benefits on any retirement date selected by you, just download our handy calculator. We also use cookies set by other sites to help us deliver content from their services. Pensions Calculator - polfed.org React App - Police (Scotland) Retirement Calculator A useful way find out more about how your pension works, how much it costs, taking a lump sum, paying extra and pensions tax. The calculator automatically creates your estimate and produces a printable application form although, please note that the illustration is not a guarantee, nor is the calculator intended to provide you with financial advice.
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