A guide to your
Deferred
Pension
Benefit
Statement
Contents
About this guide
Page 3
What is your Deferred Benefit Statement?
Page 4
Your personal details
Page 5
Your scheme membership
Page 6
Your death benefit nominees
Page 7
Your deferred alpha benefits
Page 8
Your deferred classic benefits
Page 10
Your deferred classic plus benefits
Page 12
Your deferred premium benefits
Page 14
Your deferred nuvos benefits
Page 1 6
Glossary
Page 18
Page 02
About this guide
Welcome to your Deferred Pension Benefit Statement guide.
This guide is for members who have left the Civil Service with a pension deferred until their
scheme pension age.
You should find the statement easy to follow, but if you want some help finding your way around
it, this guide is here to help you. It contains a helpful glossary (at the end of the guide) explaining
key pension terms.
You can update your personal information by either emailing your updates to us or sending your
updates by post. This enables you to keep your pension record up to date. For more information
see page 5.
This guide supplements the information in your Deferred Pension Benefit Statement and helps
you to get the most out of it. However, if you have any queries that aren’t covered here, please
remember that further resources are available on the Civil Service Pensions website:
www.civilservicepensionscheme.org.uk
Pensions can be complicated, so to help you, we’ve only included general pension information
in this guide. If you require more detailed, specific information, always read the relevant scheme
guide on the Civil Service Pensions website.
This is a generic guide but the information contained in your statement is relevant to the Civil
Service Pension arrangement you were a member of. Information relevant to your scheme can be
found on the following pages:
alpha page 8
lclassic page 10
lclassic plus page 12
lnuvos page 14
lpremium page 16
l
Page 03
What is your
Deferred Benefit Statement?
The Civil Service Pensions arrangements are managed by the Scheme Manager, Cabinet Office,
and administered by MyCSP.
Your Deferred Pension Benefit Statement shows the benefits you have in the Civil Service
Pensions arrangements. If you have paid Additional Voluntary Contributions (AVCs), you should
have received a separate statement from your AVC provider at the date of leaving. For more
information on AVCs please contact your AVC provider.
Your statement provides you with an opportunity to check the information that the scheme holds
about you.
PERSONAL
Important: Your benefit
statement is not a
quotation. A quotation
can only be produced
when you retire.
Further information
on how to claim your
deferred pension can
be found in a What to
Expect guide, which
is available on the
scheme website.
Date:
From:
Civil Service
Pensions
PO Box 2017
Liverpool
L69 2BU
UK
Tel:
Tel (Intl):
Opening hours:
xxxx xxx xxxx
+xxxxx xxxxxx
xxxx xxx xxxx
Our ref:
<Member No.>
Your Benefit Statement
Dear insert name
This statement has been produced following your request for details of the deferred pension benefits you have in the
Civil Service Pension arrangements.
Reading your statement is an important step in understanding your pension benefits and how they are calculated. It is
key that you read it in conjunction with the Important notes section at the end. This statement shows your benefits
as at the statement date.
More information is available online – visit www.civilservicepensionscheme.org.uk
The Civil Service Pensions website is full of information to help you understand your benefits and make the most of
the options available to you. There’s a section dedicated to deferred members where you’ll find the answers to
frequently asked questions and a step-by-step guide that walks you through your statement.
Do you have a query?
Please read your statement carefully and check the information against your own records to make sure it’s correct.
We have produced this statement using the information that we hold.
The disclosure of information regulations require us to provide particular information to you that is shown in this
statement. In some instances we may not have complete records. If this is the case we have included estimates,
which will be highlighted in bold* on your statement.
If you have a query about your statement, please email your query to [email protected] or post it to the
above address. Don’t forget to include your name, date of birth and ‘Our ref’ from the start of this letter.
Please remember to advise us of any change in your address or personal circumstances so that we can keep our
records up to date.
Yours sincerely,
Debra Soper
For and on behalf of Civil Service Pensions www.civilservicepensionscheme.org.uk
Page 1
Page 04
Your
personal details
Your personal details
Name:
name
Date of birth:
National Insurance number:
dob
XXXXXXXXX
Pensionable earnings at date of leaving:
Pensionable earnings
This section provides a summary of your personal details; your name, date of birth, National
Insurance number and pensionable earnings at the date you left the Civil Service Pensions
arrangements.
Your scheme membership
If you wish to query the information we hold, please tell the scheme administrator so they can
check your details and amend them as appropriate.
alpha:
You built up pension in alpha from [DOJalpha] to [DOLalpha].
premium:
You built up pension in premium from [DOJpremium] to [DOLpremium]
classic plus:
You built up pension in classic plus from [DOJclassicplus] to [DOLclassicplus]
Details on
how to update
personal
found below.
classic:
Youyour
built up
pension details
in classiccan
frombe
[DOJclassic]
to [DOLclassic].
If you wishYou
to update
your personal
information
you
send an email to
built up pension
in nuvos from
[DOJnuvos]
to should
[DOLnuvos]
nuvos:
[email protected] attaching copies of any supporting documentation.
Please note we will always need original documentation if your request is in relation
to changing your name. You can also send this by post to: MyCSP Ltd, PO Box 2017,
Liverpool, L69 2BU.
Please remember to include your name, date of birth and pension reference (shown at
the top of your statement) so we can easily trace your records.
Important: You will be given the opportunity to check your details again before any
benefits are put into payment.
Page 05
Your
scheme membership
Your scheme membership
Scheme name: You built up pension in XXXXX].
This section shows the period of service you have built up in the Civil Service Pensions
arrangements. If you think the details of your scheme membership are wrong, please contact the
scheme administrator.
This is a generic guide but the information contained in your statement is relevant to the Civil
Service Pension arrangement you were a member of. Information relevant to your scheme can be
found on the following pages:
alpha page 8
lclassic page 10
lclassic plus page 12
lnuvos page 14
lpremium page 16
l
Page 06
Your
death benefit nominee(s)
This section of your statement shows your current nomination(s). If this section is blank it means
we don’t have a death benefit nominee held on your record. If we don’t hold a nominee for you,
any lump sum will be paid to your personal representatives.
Your personal details
To makeName:
a new death benefit nomination or to change
your current nomination, complete the
Name
relevant form that can be found on the Member Forms page of the Civil Service Pensions website:
Date of birth:
DOB
www.civilservicepensionscheme.org.uk/members/member-forms
XXXXXXXXX
National Insurance number:
Pensionable Pay at date of leaving:
£ xxxx
For more information about death benefits read the Quick Start guide: ‘Peace of
Mind’, which is available on the Quick Start page of the Civil Service Pensions
website: www.civilservicepensionscheme.org.uk/members/quick-start/quickstart-library/
Your death benefit nominee(s)
Name:
Anne N Other
Address:
Address line 1, Address line 2 Address line 3, XXXXX
Name:
Anne N Other
Address:
Address line 1, Address line 2 Address line 3, XXXXX
Name:
Anne N Other
Address:
Address line 1, Address line 2 Address line 3, XXXXX
Name:
Anne N Other
Address:
Address line 1, Address line 2 Address line 3, XXXXX
If this section is blank, we don’t have any death benefit nominees on your record.
If you are a member of classic you can only have one nominee.
(i)
If you are a member of another section and have chosen more than 4 nominees then only
4 will be displayed on this statement.
If you want to add a nominee, or change your nominee details you can find a nomination
form on the Member forms page of the Civil Service Pensions website:
www.civilservicepensionscheme.org.uk/members/member-forms
More information about your death benefit nominee(s) is available in the Important notes
at the end of this statement.
Page 07
Your deferred
alpha benefits
alpha is a Career Average Revalued Earnings
(CARE) scheme. Pension benefits can only be
paid in line with the rules of the scheme. Your
statement doesn’t override them. You can read
the rules of the scheme on the Civil Service
Pensions website:
www.civilservicepensionscheme.org.uk/aboutus/scheme-rules
65, whichever is later. Your benefits will continue
to increase in line with rises in prices up to your
Normal Pension Age.
Your pension will be reduced for early payment
if you claim it before your Normal Pension
Age. The figure shown here does not take into
account any of these reductions.
Pension sharing orders and scheme pays
How your pension is worked out
alpha – in alpha you build up pension of
2.32% of your pensionable earnings each year
that you are an active member. Each year
the benefits you have earned are adjusted in
line with the change in prices set by Treasury
Orders.
Your alpha Normal Pension Age
This is the same as your State Pension age (or
age 65 if your State Pension age is less than
65).
Your alpha deferred pension at the date you left
the scheme
The amount of alpha pension benefits shown,
is made up of the pension you’ve built up to
the date you left alpha. It includes any pension
you’ve transferred in from another pension
scheme and any Added Pension that you
may have bought in alpha before you left the
scheme.
If you have a Pension Sharing Order or Scheme
Pays debit that has been processed it will also
be taken into account.
If a Pension Sharing Order or Scheme Pays
Debit is currently being processed, it will not be
taken into account until it has been applied.
Your EPA benefits
If you have benefits showing here, you chose to
make contributions towards EPA. Each EPA you
have built up can be claimed in full before your
Normal Pension Age. This section also shows
the date you can claim your EPA in full.
There’s a useful factsheet about EPA. Visit the
Civil Service Pensions website if you want to
find out more:
www.civilservicepensionscheme.org.uk/
members/the-new-pension-scheme-alpha/
Your alpha deferred pension at the date of this
statement
This is worked out by increasing your alpha
deferred pension, at the date you left the
scheme, in line with rises in prices.
This pension can be claimed in full from your
Normal Pension Age. The Normal Pension Age
in alpha is either your State Pension age or age
Page 08
Your classic benefits
Your deferred alpha benefits as at XXXX
The date you joined classic:
DOJPCSPS
Your last day in classic:
LDOSPCSPS
The date you joined alpha:DD/MM/YY
Your last day in a Civil Service Pension scheme:
DOL
The date you left alpha:DD/MM/YY
Your classic Normal Pension Age:
PCSPS NPA
Your alpha Normal Pension Age:XX
Normal Pension Age is the age at which you can take your full benefits without the
Normal
Pension
Age
is the
age atfor
which
can take
your
fullclassic
benefits
without the
amount
you get
being
reduced
earlyyou
payment.
For
most
members
this amount
is age you
get being reduced for early payment. In alpha it is the same as your State Pension age (or age
60. The amounts shown below include any transferred in service, added years or added
65 if your State Pension age is less than 65), so if your State Pension age changes – your alpha
pension benefit you have.
Normal Pension Age will too.
(i)
Your classic benefits
The date you joined classic:
DOJPCSPS
Your Normal Pension Age benefits in alpha:
Your last
classic
preserved
the scheme
Your
day in
classic: pension at the date you left
LDOSPCSPS
Yourannual
alpha classic
preserved
pension
at
the
date
you
left
alpha:
pension:
£classicpenDOL
Your last day in a Civil
Service Pension scheme:
DOL
Yourclassic
alpha Normal
preserved
pension
at the date of this statement:
Your
Pension
Age:
PCSPS
NPA
standard
lump sum:
£classicLSDOL
£0
£0
is a Career
Average
scheme.
year that you were an active member of alpha you built
Your classicalpha
preserved
pension
at the
date ofEach
this statement
Pension
Age is worth
the age
at which
youpensionable
can take your
full benefits
thebenefits you
upNormal
an amount
of pension
2.32%
of your
earnings.
Eachwithout
year the
Your annual have
classic
pension:
£classicpenSdate
amount
you
get
being
reduced
for
early
payment.
For
most
classic
members
this
is age
earned are adjusted in line with the change in prices.
60.
The
amounts shown below include£classicLSSdate
any transferred in service, added years or added
Your standard
lump
sum:
Your
benefits
will continue to be increased in line with changes in prices up to your normal
pension
benefit
you
have.
pension age.
Your benefits are increased in line with rises in prices from your date of leaving the
These
amounts
pension
alpha
andretirement
any transferred
benefits.
scheme.
Your include
benefitsany
willadded
continue
to be purchased
index linkedinup
to your
age. Ifinyou
retire before
the ageatofthe
55, date
the pension
you
will not be increased until you reach
Your
classic
pension
you left
thereceive
scheme
The date
you preserved
joined classic:
DOJPCSPS
your
55th
birthday.
Your
EPA benefits
earned to the date of this statement,
in addition to the above
Your
annual
classic
pension:
£classicpenDOL
Your
last day
in classic:
LDOSPCSPS
(as many
times
as required for different EPAs)
Your
sum:
£classicLSDOL
Your standard
last day inlump
a Civil
Service Pension scheme:
DOL
Yourdeath
preserved
EPA pension at the date you left alpha:
£0
Your
benefits
Your classic
classicNormal
preserved
pension
at
the
date
of
this
statement
Pension Age:
PCSPS
NPA
Yourclassic
preserved
EPA pension
at the date of this statement:
£0
Your
survivor’s
annual pension:
£classicDIDpen
Your annual classic pension:
£classicpenSdate
Normalfrom
Pension
Age is the age at which you can take your full benefits
without the
Payable
unreduced
age:
XXin the
Your
classic
survivor’s
annual
pension may be paid to
your spouse or civil partner
event of your
Your
standard
lump sum:
£classicLSSdate
amount
you
get
being
reduced
for
early
payment.
For
most
classic
members
this is age
The date youEPA
joined
classic:
DOJPCSPS
death.
are payable
addition
to your
Pension
Age benefits
60.benefits
The amounts
showninbelow
include
anyNormal
transferred
in service,
added quoted
years orabove.
added
Your
benefits are increased in line withLDOSPCSPS
rises in prices from your date of leaving the
Your last day in
classic:
pension benefit you have.
scheme. Your benefits will continue to be index linked up to your retirement age. If you
Your last day in a Civil Service Pension scheme:
DOL
retire before the age of 55, the pension you receive will not be increased until you reach
Your
Pension
Age:
PCSPS NPA
Yourclassic
deathNormal
benefits:
your
55th
birthday.
Your classic preserved pension at the date you left the scheme
Your alpha survivor’s
annualAge
pension:
£0 without the
Normal Pension
is the age at which you can take your full benefits
Your annual classic pension:
£classicpenDOL
Your death benefits
amount
you get pension
being reduced
for early
payment.
Foralpha
most pension.
classic members
this is age
Your
survivor’s
is usually
37.5%
of your
Your alpha
Your standard 60.
lump
sum:
£classicLSDOL
The
amounts
shown
below
include
any
transferred
in
service,
added
years
or added
survivor’sannual
pension
may be paid to your
spouse, civil partner or declared partner
in
Your classic survivor’s
pension:
£classicDIDpen
pension
you
have.
Your classicthe
preserved
at
the date of this statement
eventbenefit
ofpension
your
death.
Your classic survivor’s annual pension may be paid to your spouse or civil partner in the event of your
Your annual classic pension:
£classicpenSdate
death.
Your
lump sum: pension at the date you left
£classicLSSdate
Yourstandard
classic preserved
the scheme
(i)
(i)
Your classic benefits
Your classic benefits
(i)
(i)
(i)
Your death benefits
Your annual classic
pension:are increased in line with£classicpenDOL
Your benefits
risescan
in prices
from to
your
datespouse,
of leavingcivil
the partner or
This shows
your alpha
survivor’s annual pension that
be paid
your
scheme.
Your
benefits
will
continue
to
be
index
linked
up
to
your
retirement
age.
you
Yourpartner
standardin
lump
declared
thesum:
event of your death before£classicLSDOL
you claim your pension. You must Ifcomplete
a
retire before the age of 55, the pension you receive will not be increased until you reach
Your
classic preserved
pension
at
the
date
of
this
statement
Partner
declaration
form
if
applicable.
You
can
find
it
here:
your 55th birthday.
www.civilservicepensionscheme.org.uk/members/member-forms
Your annual classic pension:
£classicpenSdate
(i)
Your standard lump sum:
£classicLSSdate
Your
To find
outdeath
morebenefits
about alpha death benefits, read the relevant section in this guide or section 6 of
Your alpha
classic scheme
survivor’s
annual
pension:
the main
guide
which
can in
beline
viewed
or downloaded
from
the
Service
Pensions
Your benefits
are
increased
with£classicDIDpen
rises
in prices from your
date
of Civil
leaving
the
scheme. Your benefits will continue to be index linked up to your retirement age. If you
website. www.civilservicepensionscheme.org.uk/members/alpha-guide/
(i)
Your classic survivor’s annual pension may be paid to your spouse or civil partner in the event of your
retire before the age of 55, the pension you receive will not be increased until you reach
your 55th birthday.
Page 6 death.
To find out how long you can expect things to take when you
claim your Civil Service pension, read the following guide:
Your death benefits
www.civilservicepensionscheme.org.uk/members/what-toYour classic survivor’s
annual pension:
£classicDIDpen
expect/
Page 09
Your classic survivor’s annual pension may be paid to your spouse or civil partner in the event of your
death.
Your deferred
classic benefits
Pension benefits can only be paid in line with
the rules of the scheme. Your statement doesn’t
override them. You can read the rules of the
scheme on the Civil Service Pensions website:
www.civilservicepensionscheme.org.uk/aboutus/scheme-rules
How your pension is worked out
To work out your pension your reckonable
service is multiplied by your pensionable
earnings and then divided by 80. This gives
your pension amount. You will also get a
standard lump sum which is normally 3 x your
pension.
If you left the Civil Service on or after 1 October
2007 you may be able to choose to exchange
some pension for an additional lump sum. We
will advise you of the additional lump sum you
can take at the time you claim your benefits. For
each £12 of additional lump sum you take, your
pension will be reduced by £1.
You can estimate your lump sum by using the
calculator on the Civil Service Pensions website:
www.civilservicepensionscheme.org.uk/
members/member-calculators
Your classic Normal Pension Age
For the majority of classic members this will be
age 60, unless you have a personal pension
age.
Your classic deferred pension at the date you
left the scheme:
Your annual classic pension is calculated
based on your final pensionable earnings and
reckonable service we hold at the date you left
the scheme. This also includes any transferred
in service, any Added Years and any Added
Pension you’ve bought.
Your final pensionable earnings are calculated
based on your salary, pensionable allowances
and pensionable bonuses in the three years
before you left the scheme.
Your classic deferred pension at the date of the
statement:
This is calculated based on your classic
deferred pension and lump sum, at the date you
left the scheme, increased in line with rises in
prices.
Your classic benefits are payable unreduced
from your classic Normal Pension Age, usually
age 60. Your benefits will continue to increase
in line with rises in prices up to your Normal
Pension Age.
Pension sharing orders and scheme pays
If you have a Pension Sharing Order or Scheme
Pays debit that has been processed it will also
be taken into account.
If a Pension Sharing Order or Scheme Pays
Debit is currently being processed, it will not be
taken into account until it has been applied.
The figures shown does not include any
pension you have built up by buying an EPA.
Your death benefits
This is your classic survivors annual pension
that can be paid to your spouse or civil partner
in the event of your death, before you claim
your pension.
The classic scheme guide (on the Civil Service
Pensions website) contains information on how
classic survivor benefits are worked out.
www.civilservicepensionscheme.org.uk/
members/classic
Page 10
Your Your
deferred
classic
benefits
asasatatXXXX
deferred
benefits
in classic
XXXX
The date you joined classic:
DD/MM/YY
Your last day in classic:
DD/MM/YY S
Your classic Normal Pension Age:
XX
(i)
Normal Pension Age is the age at which you can take your full benefits without the
amount you get being reduced for early payment. For most classic members this is age
60. The amounts shown below include any transferred in service, added years or added
pension benefit you have.
Your classic preserved pension at the date you left the scheme
Your annual classic pension:
£0
Your standard lump sum:
£0
Your classic preserved pension at the date of this statement
Your annual classic pension:
£0
Your standard lump sum:
£0
classic is a final salary scheme. You get a pension of 1/80th of your pensionable earnings
at leaving for each year of reckonable service as well as a standard lump sum of three
times your pension. classic benefits include a standard cash lump sum which is normally
three times your pension.
(i)
If you stopped building up reckonable service in classic because you transitioned into
alpha then your pensionable earnings will be as at the date you left alpha.
Your benefits will continue to be increased in line with changes in prices up to your normal
pension age.
These amounts include any added years or added pension purchased in classic and any
transferred in benefits.
Your death benefits
Your classic survivor’s annual pension:
(i)
£0
Your classic survivor’s annual pension may be paid to your spouse or civil partner in the
event of your death.
Your classic survivor’s pension is usually equal to 50% of your classic pension however
it may be lower depending on when you were in the scheme.
To find out how long you can expect things to take when you claim your Civil
Service pension, read the following guide:
www.civilservicepensionscheme.org.uk/members/what-to-expect/
Page 6
Page 11
Your deferred
classic plus benefits
Pension benefits can only be paid in line with
the rules of the scheme. Your statement doesn’t
override them. You can read the rules of the
scheme on the Civil Service Pensions website:
www.civilservicepensionscheme.org.uk/aboutus/scheme-rules
Your classic plus deferred pension at the date
of the statement:
This is calculated based on your classic plus
deferred pension and lump sum, at the date you
left the scheme, increased in line with rises in
prices.
How your pension is worked out
Your reckonable service built up before 1
October 2002 is multiplied by your final
pensionable earnings and then divided by
80. You will also get a standard lump sum of
3 x this part of your pension. Your reckonable
service built up from 1 October 2002 is
multiplied by your pensionable
earnings and then divided by 60.
Your classic plus benefits are payable,
unreduced, from your classic plus Normal
Pension Age, usually age 60. Your benefits will
continue to increase in line with rises in prices
up to your Normal Pension Age.
You may be able to choose to exchange some
pension for an additional lump sum. We will
advise you of the additional lump sum you can
take at the time you claim your benefits. For
each £12 of additional lump sum you take, your
pension will be reduced by £1.
You can estimate your lump sum by using the
calculator on the Civil Service Pensions website:
www.civilservicepensionscheme.org.uk/
members/member-calculators
Your classic plus Normal Pension Age
For the majority of classic plus members this
will be age 60, unless you have a personal
pension age.
Your classic plus deferred pension at the date
you left the scheme:
Your annual classic plus pension is calculated
based on your final pensionable earnings and
reckonable service we hold at the date you left
the scheme. This also includes any transferred
in service, any Added Years and any Added
Pension you’ve bought.
Pension sharing orders and scheme pays
If you have a Pension Sharing Order or Scheme
Pays debit that has been processed this will
also be taken into account.
If a Pension Sharing Order or Scheme Pays
Debit is currently being processed, this
will not be taken into account until this has
been applied.
Your death benefits
This is your survivor’s annual pension, that
may be paid to your spouse, or civil partner in
the event of your death before you claim your
pension. The pension built up after 1 October
2002 can be paid to a declared partner if
you have completed the necessary Partner
declaration form.
The classic plus scheme guide (on the Civil
Service Pensions website) contains information
on how classic plus survivor benefits are
worked out. www.civilservicepensionscheme.
org.uk/members/classic-plus
Page 12
deferred
benefits
in classic
plus
XXXX
YourYour
deferred
classic
plus
benefits
asasatatXXXX
The date you joined the scheme:
DD/MM/YY
Your last day in classic plus:
DD/MM/YY
Your classic plus Normal Pension Age:
XX
(i)
Normal Pension Age is the age at which you can take your full benefits without the
amount you get being reduced for early payment. For most classic plus members this is
age 60. The amounts shown above include any transferred in service, added years or
added pension benefits you have.
Your classic plus preserved pension at the date you left the scheme
Your annual classic plus pension:
£0
Your standard lump sum:
£0
Your classic plus preserved pension at the date of this statement
Your annual classic plus pension:
£0
Your standard lump sum:
£0
(i)
classic plus is a final salary scheme. In respect of reckonable service up to 30 September
2002 you will get a pension of 1/80th of your final pensionable earnings at retirement for
each year of reckonable service as well as a standard lump sum of three times your
pension. In respect of reckonable service from 1 October 2002 you will get a pension of
1/60th of your final pensionable earnings at retirement for each year of reckonable
service.
If you stopped building up reckonable service in classic plus because you transitioned into
alpha then your final pensionable earnings will be as at the date you left alpha.
Your benefits will continue to be increased in line with changes in prices up to your normal
pension age.
These amounts include any added years or added pension purchased in classic plus and
any transferred in benefits.
Your death benefits
Your classic plus survivor’s annual pension:
(i)
Page 8
£0
Your classic plus survivor’s annual pension is usually equal to 50% of your pension in
respect of service up to 30 September 2002, plus 37.5% of the remainder of your classic
plus pension. It may be lower depending on when you were in the scheme. Your
survivor’s annual pension in respect of service up to 30 September 2002 can be paid to
your spouse or civil partner after your death. Your survivor’s annual pension in respect of
service from 1 October 2002 can be paid to your spouse, civil partner or declared partner
after your death.
To find out how long you can expect things to take when you claim your Civil
Service pension, read the following guide:
www.civilservicepensionscheme.org.uk/members/what-to-expect/
Page 13
Your deferred
premium benefits
Pension benefits can only be paid in line with
the rules of the scheme. Your statement doesn’t
override them. You can read the rules of the
scheme on the Civil Service Pensions website:
www.civilservicepensionscheme.org.uk/aboutus/scheme-rules
How your pension is worked out
Your reckonable service is multiplied by your
final pensionable earnings and then divided by
60. This gives your pension amount.
When you retire you may choose to exchange
some pension for a lump sum. We will advise
you of the lump sum you can take at the
time you claim your benefits. For each £12 of
additional lump sum you take, your pension will
be reduced by £1.
You can estimate your lump sum by using the
calculator on the Civil Service Pensions website:
www.civilservicepensionscheme.org.uk/
members/member-calculators
Your premium Normal Pension Age
For the majority of premium members this will
be age 60, unless you have a personal pension
age.
Your premium deferred pension at the date you
left the scheme:
Your annual premium pension is calculated
based on your final pensionable earnings and
reckonable service we hold at the date you left
the scheme. This also includes any transferred
in service, any Added Years and any Added
Pension you’ve bought.
Your premium deferred pension at the date of
the statement:
This is calculated based on your premium
deferred pension, at the date you left the
scheme, increased in line with rises in prices.
Your premium benefits are payable, unreduced,
from your premium Normal Pension Age,
usually age 60. Your benefits will continue to
increase in line with rises in prices up to your
Normal Pension Age.
Pension sharing orders and scheme pays
If you have a Pension Sharing Order or Scheme
Pays debit that has been processed this will
also be taken into account.
If a Pension Sharing Order or Scheme Pays
Debit is currently being processed, this
will not be taken into account until this has
been applied.
Your death benefits
This is your survivor’s annual pension that may
be paid to your spouse, civil partner, or declared
partner (if you have completed the necessary
Partner declaration form) in the event of your
death before you claim your pension. There
may also be a pension payable to any eligible
children.
The premium scheme guide (on the Civil
Service Pensions website) contains information
on how premium survivor benefits are worked
out. www.civilservicepensionscheme.org.uk/
members/premium
Page 14
Your deferred
premium
asas
atatXXXX
Your deferred
benefitsbenefits
in premium
XXXX
The date you joined premium:
DD/MM/YY
Your last day in premium:
DD/MM/YY
Your premium Normal Pension Age:
XX
(i)
Normal Pension Age is the age at which you can take your full benefits without the
amount you get being reduced for early payment. For most premium members this is age
60. The amount shown above includes any transferred in service, added years or added
pension benefit you have.
Your premium preserved pension at the date you left the scheme
Your annual premium pension:
£0
Your premium preserved pension at the date of this statement
Your annual premium pension:
£0
premium is a final salary scheme. You get a pension of 1/60th of your final pensionable
earnings at retirement for each year of reckonable service.
(i)
If you stopped building up reckonable service in premium because you transitioned into
alpha then your final pensionable earnings will be as at the date you left alpha.
Your benefits will continue to be increased in line with changes in prices up to your normal
pension age.
These amounts include any added years or added pension purchased in premium and
any transferred in benefits.
Your death benefits
Your premium survivor’s annual pension:
(i)
£0
Your premium survivor’s annual pension can be paid to your spouse, civil partner or
declared partner after your death and is usually equal to 37.5% of your premium
pension.
To find out how long you can expect things to take when you claim your Civil
Service pension, read the following guide:
www.civilservicepensionscheme.org.uk/members/what-to-expect/
Page 7
Page 15
Your deferred
nuvos benefits
nuvos is a Career Average Revalued Earnings
(CARE) scheme. Pension benefits can only be
paid in line with the rules of the scheme. Your
statement doesn’t override them. You can read
the rules of the scheme on the Civil Service
Pensions website:
www.civilservicepensionscheme.org.uk/aboutus/scheme-rules
How your pension is worked out
In nuvos you built up pension of 2.3% of your
pensionable earnings each year that you were
an active member. Each year the benefits
you have earned are adjusted in line with the
change in prices.
You may be able to choose to exchange some
pension for an additional lump sum. We will
advise you of the additional lump sum you can
take at the time you claim your benefits. For
each £12 of additional lump sum you take, your
pension will be reduced by £1.
You can estimate your lump sum by using the
calculator on the Civil Service Pensions website:
www.civilservicepensionscheme.org.uk/
members/member-calculators
Your nuvos Normal Pension Age
For most nuvos members this will be age 65.
Your nuvos deferred pension at the date you
left the scheme
The amount of nuvos pension benefits shown,
is made up of the pension you’ve built up to the
date you left nuvos, plus any pension you’ve
transferred in from another pension scheme
and any Added Pension that you may have
bought in nuvos.
Your nuvos deferred pension at the date of this
statement
This is worked out by increasing your alpha
deferred pension, at the date you left the
scheme, in line with rises in prices.
This pension can be claimed in full from your
Normal Pension Age. The Normal Pension Age
in nuvos is usually age 65. Your benefits will
continue to increase in line with rises in prices
up to your Normal Pension Age.
Your pension will be reduced for early payment
if you claim it before your Normal Pension
Age. The figure shown here does not take into
account any of these reductions.
Pension sharing orders and scheme pays
If you have a Pension Sharing Order or Scheme
Pays debit that has been processed this will
also be taken into account.
If a Pension Sharing Order or Scheme Pays
Debit is currently being processed, this
will not be taken into account until this has
been applied.
Your death benefits
This is your survivor’s annual pension that may
be paid to your spouse, civil partner, or declared
partner (if you have completed the necessary
Partner declaration form) in the event of your
death before you claim your pension. There
may also be a pension payable to any eligible
children.
The nuvos scheme guide (on the Civil Service
Pension website) contains information on how
nuvos survivor benefits are worked out.
www.civilservicepensionscheme.org.uk/
members/nuvos
Page 16
Your deferred
nuvos
benefits
as as
atat
XXXX
Your deferred
benefits
in nuvos
{date}
The date you joined nuvos:
DD/MM/YY
Your last day in nuvos:
DD/MM/YY
Your nuvos Normal Pension Age:
XX
(i)
Normal Pension Age is the age at which you can take your full benefits without the
amount you get being reduced for early payment. The amounts shown above include any
transferred in service, added years or added pension benefits you have.
Your Normal Pension Age benefits in nuvos:
Your nuvos preserved pension at the date you left the scheme:
£0
Your nuvos preserved pension at the date of your statement:
£0
(i)
nuvos is a Career Average scheme. Each year that you were an active member of nuvos
you built up an amount of pension worth 2.3% of your pensionable earnings. Each year
the benefits you earned are adjusted in line with the change in prices.
Your benefits will continue to be increased in line with changes in prices up to your normal
pension age.
These amounts include any added pension purchased in nuvos and any transferred in
benefits.
Your death benefits
Your nuvos survivor’s annual pension:
(i)
£0
Your nuvos survivor’s annual pension can be paid to your spouse, civil partner or declared
partner after your death and is usually equal to 37.5% of your nuvos pension.
END OF STATEMENT
To find out how long you can expect things to take when you claim your Civil
Service pension, read the following guide:
www.civilservicepensionscheme.org.uk/members/what-to-expect/
Page 10
Page 17
Glossary
Abatement
If you are currently employed by an organisation that is covered by the Civil Service Pension
arrangements and claim these deferred pension benefits you should be aware that your pension
may be abated. You can find out more about abatement here.
Added Pension
You could, on or after 1 March 2008, buy added pension by making additional contributions. If
you bought added pension whilst in the scheme it will be paid with your pension after you retire.
Added pension contributions stopped on the date you left the scheme.
Added years
It was possible, up to 29 February 2008, to buy Added Years of Service. This would have been
only applicable to classic, classic plus and premium members.
Additional lump sum
You may be able to choose to exchange some pension for an additional lump sum when you take
your pension benefits, up to the limits set by HM Revenue & Customs. Taking this will reduce your
pension amount.
Additional Voluntary Contributions (AVCs)
You may have made additional contributions to the Civil Service Additional Voluntary Contribution
(CSAVC) scheme to enhance your benefits. You should have received a separate statement from
your AVC provider when you left the scheme.
Career Average Revalued Earnings (CARE)
A scheme that provides a guaranteed pension income based on your earnings each year with
annual inflation adjustments e.g. nuvos and alpha.
CSOPS
Civil Service Occupational Pension Scheme. This is another name for the alpha scheme.
Death benefit nominees
A person, people or an organisation that you have nominated to receive the lump sum payment
when you die.
EPA
When you were a member of the alpha scheme, EPA allowed you to contribute more to get earlier
access to part of your alpha pension.
Final Salary
A scheme that provides guaranteed income based on your reckonable service and pensionable
earnings on the date you left the scheme.
Page 18
Lifetime Allowance
The maximum amount of pension savings you can build up over your life without incurring an
additional tax charge. When you claim your benefits we will advise you of the amount you have
used.
Minimum pension age
Minimum pension age is the earliest you can claim your benefits.
Normal Pension Age (NPA)
The earliest age that you can take your full unreduced pension benefits. If you claim your pension
before your NPA it will be reduced for early payment.
PCSPS
The Principal Civil Service Pension Scheme. This is the collective name for classic, classic plus,
premium and nuvos.
Pensionable earnings
All the earnings that could count towards your pension which you received during a scheme year.
Deferred benefits
If you leave the scheme with more than two years’ service, before Normal Pension Age and do not
transfer your pension to another scheme, the pension benefits that you have built up will be held
in the scheme (deferred) until you claim them. Cost of living increases are applied each year.
Qualifying service
The time you have been a member of the scheme that qualifies you for certain benefits.
Reckonable service
This is the amount of service, including transfered in service and any Added Years that you may
have bought, that counts towards your benefits. If you worked part-time it would have reduced
your pension by reducing your reckonable service.
Page 19