The Plan provides valuable benefits to you and your dependants both before and after your retirement.
Set out below is a broad outline of some of the key benefits provided by the Plan.
An income (or pension) for you in retirement
The option to exchange some of your pension at retirement for a one off cash sum
Financial protection for your loved ones in the event of your death
The option to top up your pension by paying Additional Voluntary Contributions (AVCs)
Each of the benefits listed above are covered in more detail throughout the website. In addition to these, further benefits may be available to you depending on your individual circumstances such as the right to retire for reasons of serious ill health, or the right to receive a lump sum instead of a small pension. These non-standard rights are not summarized here but details on them are available on request.