If you leave your job in the Civil Service or opt out of the pension scheme before your pension age, you do not need to do anything. Your employer will tell us and we will write to you with your options.

Leaving with less than 1 month’s service

You will automatically receive a refund of any contributions you’ve paid. This will be paid by your employer.

Leaving with more than 3 months but less than 2 years’ service

Your employer will tell us that you have left service and we will send you your options.

You have the option of either:

If you want to transfer to another pension, you must tell us within 3 months of receiving your options.

Leaving with 2 or more years’ service

Your employer will tell us that you have left service and we will send you your options.

You have the option of either:

Preserved pensions will have cost of living increases, known as pensions increase, added each year until you retire. To request a Benefit Statement, contact us.

Step by step guide to requesting to transfer your pension out

Contact us and we will calculate your transfer value and request a transfer pack from your new pension administrator.

3 weeks later we will send a transfer out quotation and forms to either you or your new pension administrator, depending on who has requested it. The transfer amount will be guaranteed for 3 months.

You should pass the details to your new pension provider. They will then confirm how much the transfer out value will buy in your new pension scheme.

If you want to go ahead with the transfer, complete the forms that were sent to you with your transfer quote.

Your new pension provider will complete the relevant section of the discharge form and return it to us.

After receiving your forms, we will review the transfer and pay it to your new pension provider.

Published:
17 December 2021
Last updated:
16 January 2022