Police Pension Scheme 2015 (PPS 2015) rules
Under the PPS 2015 CARE scheme, police officers accrue 1/55.3th (1.8083%) of their pensionable earnings each year, revalued annually by CPI.
The Normal Pension Age (NPA) is 60. Officers can commute up to 25% of their pension into a tax-free lump sum at a standard commutation rate of £12 lump sum per £1 of pension surrendered.
Worked example: UK police pension
A Constable or Sergeant with £46,000 pensionable pay and 25 years of service accrues an unreduced annual pension of approximately £20,795 per year (£1,733 per month).
Inputs for the uk police pension calculator
Salary & Years
Enter pensionable salary and accrued qualifying service years.
CALCULATOR QUESTIONS
UK police pension calculator questions
What is the McCloud remedy for police pensions?
The McCloud remedy ensures officers who were in service on or before 31 March 2012 can choose between legacy scheme (1987 or 2006) and 2015 CARE benefits for service between 2015 and 2022 upon retirement.