Deferred Pension
Your entitlement to deferred benefits is worked out in the same way as for normal retirement based on your Pensionable Service and Final Pensionable Pay but only up to the date you leave. These benefits will be paid to you when you actually retire.
| Certificate of Deferred Benefits When you leave the Scheme, you will be given a Certificate of Deferred Benefits and it is important that you keep this safe. It is also important that you keep the Pensions Service Centre informed of any change of address to ensure that you can be traced when your benefits become due. |
Increases to your deferred benefits
Crown Service members
Your deferred pension and the additional tax free cash sum will increase in line with the rise in the cost of living each year over your period of deferment to Normal Pension Age.
1984 members
Your deferred pension will increase in line with the rise in the cost of living each year subject to a maximum of 5% a year over your period of deferment to Normal Pension Age.
BMARC members
Your deferred pension will increase by 5% each year over the period of deferment to Normal Pension Age.
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