Buying added pension and EPA

Added Pension And EPA Landing Page (1)

If you are in the classic, classic plus, premium, nuvos or alpha pension schemes you may choose to buy added pension to top up your pension benefits. You can buy added pension by making monthly contributions from your pay and / or by paying with a lump sum.

Members of alpha are also able to buy an Effective Pension Age (EPA) by monthly contributions. By contributing to an EPA, members of alpha are able to take part of their pension earlier than their Normal Pension Age (NPA) without any early payment reduction.

Please note the possible impact of tax on pensions in the 'Limitations and allowances' box, below.

Your employer will notify you of when can apply to purchase Added Pension or an EPA. Please also note the key dates and actions you will need to take should you wish to apply. More information can be found in the 'Key dates for you to note' box, below.

Key Date

What do I need to do?

By 20 February 2019

Make your application to buy added pension in 2018-19 using a lump sum paid from your salary

 By 22 February 2019 

Make your lump sum payment by cheque, to buy added pension in 2018-19  

 By 15 March 2019 

Make your application for monthly contributions