Normal pension age versus leaving age
A firefighter can leave employment without immediately drawing every pension benefit. Conversely, taking a pension before its normal age can change the amount. Keep employment decisions and benefit-payment dates as separate lines in a plan.
Why service history matters
Membership of a legacy 1992 or 2006 arrangement, breaks in service, transfers and the public-service pension remedy can create more than one benefit slice. An online FPS 2015 projection cannot safely value every slice.
Get a formal retirement illustration
Ask the administrator for figures at the dates you are actually considering, including any reduction, commutation option and survivor benefits. Compare annual pension after tax as well as a lump sum.
Frequently asked questions
Can an FPS 2015 member retire before 60?
Options can exist, but reductions and minimum-age rules may apply. Obtain an individual administrator quote.
Does leaving the fire service erase the pension?
No. Built-up benefits are normally preserved under scheme rules, but their payment date and revaluation treatment must be checked.