Buying added pension and EPA

Added Pension And EPA Landing Page (1)If you are in the classicclassic pluspremiumnuvos 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.

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?

 21 February 2018

Make your lump sum through payroll

 23 February 2018 

Make your lump sum by cheque 

 16 March 2018 

Make your application for monthly contributions