Important: This section of the website is currently being updated to reflect recent changes. This means some of the information may not be accurate if you are a DB member that has recently moved to the DC section. If you have any questions about your pension, please contact us.
Retirement can be an exciting time as you finally get to stop work and make the most of the money you have been saving during your working life.
Choosing when to retire is an important decision. There is no longer a fixed age when you have to retire, but when you choose to retire will have an impact on the benefits you receive.
Remember, there is a limit to the amount you can save tax efficiently in your pension scheme – see the tax limits page for more information.