NHS Pension trying to get an accurate estimate

Good morning all. I have asked for an early retirement estimate from the NHS ( for age 59 on 1995 scheme). This has come in higher than my TRS statement for retirement at 60. I asked them to recheck and it came in even higher. I have asked for clarification but keep getting told that it will be looked into. Can anyone help please. I just want a reasonable estimate so I can plan what work I will need to do if I retire. Current role to stressful. 

Comments

  • saucer
    saucer Posts: 495 Forumite
    Part of the Furniture 100 Posts Name Dropper
    If you are just in the 1995 scheme it shouldnt be too difficult to work a good estimate yourself using the combination of your membership * 1/80.  You get an additional 3 years pension as a tax free lump sum.  Your normal retirement age will be 60 so no reduction (assuming you dont have special officer status allowing you to have retired at 55)
  • Flugelhorn
    Flugelhorn Posts: 7,140 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 23 October 2022 at 8:37AM
    It depends with the 1995 - I certainly had huge problems as had combined officer and practitioner membership - part final salary / part some type  of CARE scheme and the calculation seeming to depend on what the weather was like outside at the time -

    they told me they couldn't  calculate properly until I actually applied for my pension so I had to guess how much extra lump sum to take to get under the LTA, even then it wasn't final as there were adjustments 18 months later
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