How can we help?
For members nearing retirement
When can I retire?
You can choose to voluntarily retire and take your pension at any time from age 55 to 75.
Protection from reductions
The 85-year rule and The Underpin could protect your pension from being reduced if you retire early.
The State Pension
The Basic State Pension is based on the National Insurance contributions you pay, or given as credits, during your working life.
How your pension is calculated
The LGPS is a defined benefit pension scheme and your pension is worked out using a set formula.
Flexible Retirement
Reduce your hours or move to a less senior position and take some or all of the pension benefits you have built up.
Retirement Planning guide
HM Government's 'Your Pension' website offers some simple steps to help in your retirement planning.
Taking a lump sum
When you retire you will have the option to exchange part of your pension for a one-off tax-free cash payment.
Trivial commutation
Making the decision to take all your pension as a one-off lump sum is called ‘trivial commutation’. Find out if you are eligible.
Independent Financial Advice
It is recommended that you always get independent financial advice before making any decisions about your pension.
Contact Us
Merseyside Pension Fund
Castle Chambers
43 Castle Street
Liverpool
L2 9SH
Office Opening Hours
Monday: 9:00am - 4pm
Tuesday: 9:00am - 4pm
Wednesday: 9:00am - 4pm
Thursday: 9:00am - 4pm
Friday: 9:00am - 4pm
Sending us documents
We prefer to receive documents via our secure member portal, MyPension.
However, you can email good quality digital copies of documents to the email address below. We are not responsible for returning originals.
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