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Pension info

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Ziege

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7 Apr 2019
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Hi...

Curious to know...does anyone have any pension information in terms of how many years a full pension is? What you get when you retire - lump sum, monthly etc?
 
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RailUK Forums

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Stigy

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Ziege said:
Hi...

Curious to know...does anyone have any pension information in terms of how many years a full pension is? What you get when you retire - lump sum, monthly etc?
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The railway pension is a 40 year scheme, although there’s the option to take it earlier as with most other pensions. It’s final salary so it’ll depend on your job and contributions as to how much it’ll be worth when you retire. I’m by no means an expert though, and others will no doubt be able to offer further advice.
 
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