Partial retirement

robbo5

I am a partially retired civil servant. I partially retired aged 65 and took the full lump sum. When I fully retire aged 70 will I be entitled to any additional pension benefits ie increased monthly pension or an additional lump sum?

robbo5

I should have mentioned I am a member of the Classic scheme

barnstar2077

Do you receive a monthly amount from the pension already?

Dazed_and_C0nfused

Are you continuing to contribute to the civil service pension scheme?

robbo5

Yes I am receiving a monthly sum

hyubh

robbo5 said:

I am a partially retired civil servant. I partially retired aged 65 and took the full lump sum. When I fully retire aged 70 will I be entitled to any additional pension benefits ie increased monthly pension or an additional lump sum?

Well, what exactly did you negotiate to in order to get a partial retirement - did you draw all your benefits, or just a proportion? If the latter, then the remainder of your final salary reckonable service will go against your final WTE pay on leaving. And in either case, by default you would have remained an active member of the pension scheme accruing new benefits - did you opt out...? 

robbo5

Thank you. I took all my benefits and did not opt out. I took a 20% cut in working hours and so a 20% reduction in pay

westv

It sounds like what you get now is what you will always get + inflation increases.

robbo5

Thank you westv

hyubh

robbo5 said:

Thank you. I took all my benefits and did not opt out. I took a 20% cut in working hours and so a 20% reduction in pay

Are you an active member of Classic or Alpha...?

JIL

You are still paying towards your pension on the hours you are working.
So it would follow that a further lump sum (small money I would imagine) would be payable.

Send the Civil service pensions people an email and ask them?