HR estimates
There may be a cost to you, the employer, where early payment of pensions results in a shortfall in pension funding, for example:
- where members take their pensions under redundancy or efficiency terms
- where you use the discretion to waive percentage reductions following a member's request for early release of pension, or by 'switching on' the 85-year rule protection
Use the form below to request an HR estimate of the cost to members of these types of retirements. Return the completed form to Pension Services.
Learn more about the hidden costs for early retirement.