Changes to the police pension scheme

Under the new Police Career Average scheme, the normal pension age will rise to 60 from the current 55 years for those in the 2006 New Police Pension Scheme, or after 30 years of service for the majority who are members of the 1987 Police Pension Scheme.

However, those who still want to retire earlier can do so from 55 with a reduction in pension income designed to reflect the fact they will drawing their pension for longer. The reduction is likely to be about 5% for every year the pension is taken early.

The accrual rate will increase, from 1/60th and 1/70th for those in the 1987 and 2006 final salary schemes to 1/55.3th for the career average scheme, and the average member contribution is expected to be 13.7% of salary each year, which is expected to be consistent with the contribution rate in 2014 following a series of rises.

The 1987 scheme offered a 2/60th's accrual rate between the 20th and 30th year of service, so the calculation of an officer's eventual pension benefits will include an element of ‘weighted accrual' for service within that scheme. This will be 1/45th for officers who have completed 30 years' service, and slightly less for those officers who retire before completing 30 years' service. The New Police Pension Scheme has a single accrual rate throughout, so weighted accrual will not apply to officers in this scheme.

Tapered protection applies to those within 10 to 14 years of their normal retirement age.

The Home Office has developed a pension calculator to show how the reforms will affect individual officers' benefits at