PCSPS Actuarial Factors

Purchase of Added Pension (from 1 Jul 2012)

Table 1    Added Pension by Periodical Contribution – classic
Table 2   Added Pension by Lump Sum – classic
Table 3   Added Pension by Periodical Contribution – premium
Table 4                 Added Pension by Lump Sum – premium
Table 5                 Added Pension by Periodical Contribution – nuvos
Table 6                 Added Pension by Lump Sum – nuvos
Table 7                 Added Pension Revaluation factors – all sections

Non-Club Transfers (from 27 Oct 2011)

Table 8                Non-Club final salary transfers out – Male (pension age 60)
Table 9                Non-Club final salary transfers out – Female (pension age 60)
Table 10              Non-Club final salary transfers in – Male (pension age 60)
Table 11              Non-Club final salary transfers in – Female (pension age 60)
Table 12              Non-Club final salary transfers out – Male (pension age 65)
Table 13              Non-Club final salary transfers out – Female (pension age 65)
Table 14              Non-Club final salary transfers in – Male (pension age 65)
Table 15              Non-Club final salary transfers in – Female (pension age 65)
Table 16              Non-Club classic Added Pension transfer out (pension age 60)
Table 17              Non-Club premium Added Pension transfer out (pension age 60)
Table 18              Non-Club nuvos Added Pension revaluation factors (pension age 65)
Table 19              Non-Club nuvos transfers out
Table 20             Non-Club nuvos transfers in
Table 21              Non-Club nuvos revaluation factors
Table 22             GMP Deduction factors (transfer out where GMP preserved in the PCSPS)

Club Transfers (from 1 Jan 2012)

Table 23              Club transfers – Male (pension age 60)
Table 24              Club transfers – Female (pension age 60)
Table 25              Club transfers – Male (pension age 65)
Table 26              Club transfers – Female (pension age 65)

Pensions and Divorce (from 27 Oct 2011)

Table 27              Pension sharing pensioner cash equivalents: Retirement not on grounds of ill-health – Male
Table 28              Pension sharing pensioner cash equivalents: Retirement not on grounds of ill-health – Female
Table 29              Pension sharing pensioner cash equivalents: Retirement on grounds of ill-health – Male
Table 30              Pension sharing pensioner cash equivalents: Retirement on grounds of ill-health – Female
Table 31              Pension sharing: Pension credit for ex-spouse/civil partner

Allocation (from 1 Jul 2012)

Table 32              Male officer allocating in favour of his wife or other female dependant
Table 33              Female officer allocating in favour of her husband or other male dependant
Table 34              Male officer allocating in favour of a male dependant
Table 35              Female officer allocating in favour of a female dependant

Actuarially Reduced Early Retirement (from 1 Jul 2012)

Table 36 Early retirement direct from service and/or over age 55 – final salary sections
Table 37 Early retirement from deferment and under age 55 – final salary sections

Compensation in Lieu of Notice (CILON) (from 1 Apr 2012)

Table 38              Compensation for loss of pension benefits – classic
Table 39              Compensation for loss of pension benefits – premium
Table 40              Compensation for loss of pension benefits – nuvos

Trivial Commutation (from 1 Jul 2012)

Table 41 Trivial Commutation

Commutation of Lump Sum into Pension (Inverse Commutation) (from 1 Jul 2012)

Table 42 Inverse Commutation – classic

Actuarially reduced pension – premium normal pension age 65

Factors for actuarial reduction buyout – normal pension age 60
Factors for actuarial reduction buyout – premium members with normal pension age 65
Factors for actuarial reduction buyout – nuvos members with normal pension age 65

Transfer Calculators

Forms

Added pension application for nuvos members
Added pension application for the over 60s
Claim for retrospective admission to the Civil Service pension scheme – provision of information
Commissioning work from GAD on Bulk Transfers
CSP13
CSP16 Employer confirmation about job reshaping
CSP17 Opting into the PCSPS
OGDTF1 OGD Transfer form
Incoming Transfer Value
Publications order form
Widower’s Pension Option to purchase back service

For information : Buy out factors pre 1 July 2012

Factors, calculators and forms