The Hewlett-Packard Limited Retirement Benefits Plan

The HP Ltd Retirement Benefits Plan
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You are here:

  • Digital
  • Active
  • Plan information
  • Retirement options
  • Normal retirement
  • Early retirement
  • Late retirement
  • Ill health retirement
  • Flexible retirement
  • Pension increases
  • Cash lump sum

You are here:

  • Digital
  • Active
  • Plan information
  • Retirement options

Late retirement

If you remain in Pensionable Service after reaching Normal Pension Date you will receive a pension on leaving service (or age 75 if earlier).

The pension will be calculated in the same way as for retirement at Normal Pension Date but based on Pensionable Service up to date of leaving service.

As you will have benefited from additional Pensionable Service after Normal Pension Date, your pension will not be increased further to reflect the fact that it comes into payment late.

You may wish to seek information on your options in respect of late retirement as compared with transferring out of the Plan and may wish to seek advice on what is the best option for you, depending on your circumstances.

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Expression of Wish Forms and letters – an update

In response to our recent letter titled ‘Who do you want to receive any benefits payable from the Plan?’ we have received several very good questions from members. We thought to share the responses more widely and have done so by writing again to all members. You can also see a copy of this letter by visiting the News section of this website.