Partial retirement

Partial retirement allows members, who are approaching, or are over scheme pension age, to reshape their job and take some or their entire pension while they carry on working.

Overview

Partial retirement is available for all active members subject to agreement from their employer. To qualify, members must:

  • Be over your minimum pension age.
  • Have qualified for a pension.
  • Reduce their earnings by at least 20% by reducing hours or grade.

Partial retirement involves making changes to a members job to reduce their earnings. They must have the agreement of their employer. If the employer agrees to the changes they can apply.

Partial retirement guidance for Employers

  • EPN 199* - Pension Reform: introduction of Partial Retirement
  • EPN 204* - Partial Retirement
  • EPN 254* - Partial Retirement Clarification
  • EPN 665* - Changes to partial retirement process

Partial retirement support for Members

There is a range of supporting content on the scheme website that you can share with members considering partial retirement.

Partial Retirement - Overview

Abatement

*All EPNs prior to EPN635 have been archived. You can find these on the national archive website. You will need to scroll down to the EPN section to find the archived notices.