Your pension
Your pension
How does your pension work?
At retirement you can take a pension and a lump sum (which is currently tax free). Your dependants may also receive a pension if you die before them.
What other benefits are offered?
To find out more, please read your Scheme Booklet.
Your retirement options
You may have some flexibility around the amount of your benefits that you take as a pension, and the amount that you take as a cash lump sum.