Transfer of Royal Navy Pension contributions

Artimus

I was employed for 4 & a half years by Royal Navy in the early 80s before joining the Police Force. I was not allowed to transfer this as I needed a minimum of 5 yrs. However, is there anyway I can "buy" 6 mths and add it to get it transfered or am I going to have to wait until the age (anyone know what that would be ?) that I can collect these payments. I have a feeling I may have missed the boat (couldn't resist ! :rotfl:) on this but cannot get anyone dealing with pensions this side or govt side that will give me a straight or informed answer. Additionally people have joined from lesser contributing employees, with less time, and getting it transfered........allegedly. thanks

Andy_L

You will have to wait till 60 to get the Navy Pension. You cannot buy extra service in an occupation scheme once you have left it.
The 5 yeras minimum to transfer may have been a Navy rule rather than the Police so people "from lesser contributing employees (sic?), with less time" but in a scheme that doesn't have a 5 year rule would be able to transfer.

deebster

Until 1986 you needed 5 years service in an occupational scheme to be granted a preserved (a.k.a frozen, deferred) pension upon leaving the scheme. Less than 5 years and you should have had an automatic refund of the contributions you made (less deductions and 20% tax).

This limit is now 2 years, but in your case are you saying that you still have a preserved pension in the Navy scheme?

If you do then you should also have an automatic right to a transfer of this preserved pension. If you don't then that should mean that you have nothing in the Navy scheme anyway, so the question becomes academic.

pondie1

I tried to transfer my RN pension years ago & was told that I couldn't.
Things may have changed since then, I have an RN preserved Pension from 77-87.

Mr Pondie