More about
buying extra pension

Medical approval
Your GP will have to sign a form agreeing that you are in reasonably good health for your age, before we will accept your application to buy extra pension.

Future cost changes
The costs are set by central Government, and they have said that they might change the costs at some time in the future. If this happens you can choose to pay the higher rate, or stop your payments, as explained below.

Payment period
Your payment period can begin at any time of year, and you can choose how long you want it to be as long as it...

Is at least 12 months
Is in whole years
Starts before your 64th birthday and ends before your 65th birthday

You are free to change your mind, and stop paying part way through the contract. If you do this, you will normally just be given the extra pension you have paid for so far.

If you leave or retire before you have finished paying

If you retire early because of ill health: we will give you all the extra pension you had agreed to buy - even though you haven’t finished paying for it.

If you leave or retire for any other reason, and you haven’t finished paying: you will just be given the extra pension you have paid for so far.

Retirement age
The Scheme rules assume you will draw this extra pension at age 65. If you draw it before then, for any other reason than ill health, your extra pension (but not any dependants’ pensions) will be reduced. The earlier you draw it, the bigger the reduction.

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