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Boost your Pension

Make additional payments to your pensionable contributions to boost your earnings once you retire.

Boost your Pension

Who is it for?

Members of Principal Civil Service Pension Scheme (PCSPS) (classic, classic plus, premium and nuvos) and the alpha pension scheme.

Members of the Partnership scheme are unable to purchase added pension.

 

What is it for?

Each of the Main Occupational Pension Schemes used in the MOD has the facility for members to buy Added Pension or where in force, to continue with a commitment to buy Added Years of service.

 

What do I get?

Boosting your pension gives you a fixed amount of extra index-linked pension when you retire.

PCSPS (classic, classic plus, premium and nuvos) and alpha pension scheme - Added Pension involves buying specific amounts of additional pension.

You can choose to buy Added Pension by:

  • Periodical contributions from pay, and/or
  • Lump Sum contribution.

 

CSP, (alpha) Effective Pension Age (EPA)

 If you are a member of the alpha pension scheme you can choose to buy an EPA of up to three years earlier than their Normal Pension Age (NPA), but this cannot be earlier than age 65. In the alpha pension scheme, the NPA is the later of age 65, or your State Pension Age.

If you choose to take your alpha pension benefits before your NPA then they will be reduced as they may be paid to you for longer. By paying extra contributions you can take the EPA portion of your pension earlier than your NPA without any early payment reduction.

 

How do I find out more?

 

1

For further information on EPA and rules relating to buying Added Pension, refer to the Civil Service Pension website.

2

For general enquiries regarding Added Pension in the PCSPS (classic, classic plus, premium and nuvos) and Added Pension and EPA in the alpha pension scheme, contact MyCSP:

 

Post:

Civil Service Pensions

PO Box 2017

Liverpool

L69 2BU

 

Telephone: 0300 123 6666 (STD) / +44 (0)1903 835902 (Overseas)

 

Email: contactcentre@MyCSP.co.uk

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