What happens when I am approaching retirement?

Defined Contribution members

Twelve months before your Normal Retirement Age or your Target Retirement Date, we'll send you your current fund value.

Six months before your Normal Retirement Age or your Target Retirement Date, we will send you a retirement pack, which will have the current fund value, options and forms for you to complete and confirm what you want to do.

Defined Benefit members

Six months before your Normal Pension Age, we'll send a letter to let you know the age you can take your benefits without reductions being applied. This will include contact details so you can request a retirement pack if you want a quote of your benefits.