Civil Service - Partial Retirement Question

mapleoak

GunJack wrote: »

Just make sure with MyCSP that those are the numbers AFTER actuarial reduction for taking it 2 yrs early....

Hi GunJack

I was using their calculator so I would hope it does, although the common denominator with MyCSP appears to be check and then double check their numbers at all times!

Kind Regards

mapleoak

BobQ wrote: »

Two points to consider/explore

(1) Partial Retirement is not a right. It is basically a change in your contract (full time to part time) plus drawing some of your pension. You need to justify to your employer that part time working is possible in your job. (In some areas this is almost a formality but do not assume this is the case - chat to your line manager).

(2) You need to check but I think I recall that the calculation of your pension income is based on the standard pension and the pension resulting from converting your lump sum to more pension. Others may know if this is the case.

Hi BobQ

Yes good point re Partial Retirement - seems from precedent that they will agree it if possible, but yes it's a concession not a right. Some people might think I work part time already :rotfl: