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Additional Pension

If the main pension is taken early and actuarially reduced, then the Additional Pension will also be paid early and actuarially reduced too.
 
Please note: If you take your pension as an Actuarially Reduced Early Retirement (ARER) and are paying for your Additional Pension by instalments, you will therefore not have paid the full amount of instalments to complete your Additional Pension contract. You will be credited with the actual amount of Additional Pension that you have purchased up to the date of your retirement, before any reduction is applied.


Added Years

Your Added Years must be taken at the same time as your main NHS pension. If your main pension is taken early and actuarially reduced, then your Added Years will also be paid early and actuarially reduced too.
 
Please note: If you take your pension through ARER and therefore do not complete the full Added Years contract, you will be credited with the actual years and days purchased up to the date of retirement, before actuarially reduction is applied.