Police Pension Calculator (UK)
Estimate your pension with our user-friendly tool.
Your Estimated Pension
Annual Pension:
£0.00
Lump Sum:
£0.00
Note: Advanced options will refine your pension estimate. These are for illustrative purposes.
Disclaimer: This calculator provides an estimate for illustrative purposes only and should not be considered financial advice. Pension rules are complex and can change. For an accurate forecast, please consult with your pension administrator or a financial advisor.
About Our Tool
Welcome to the UK Police Pension Calculator, a tool designed specifically for the hardworking police officers of the United Kingdom. We understand that planning for your retirement is a critical step, and this calculator is here to help you get a clearer picture of your financial future.
Our tool provides a straightforward way to estimate your potential pension benefits based on the three main police pension schemes: the 1987 Scheme, the 2006 Scheme, and the 2015 CARE Scheme. By entering a few key details, you can see an illustration of your potential annual pension and lump sum, helping you to plan ahead with greater confidence.
Please remember, this calculator is for illustrative purposes only. The results are an estimate and should not be considered financial advice. For a precise and official pension forecast, we always recommend speaking directly with your pension administrator or a qualified independent financial advisor.
Key Features of Our Tool
- Multi-Scheme Calculation: Get estimates for the 1987, 2006, and 2015 (CARE) police pension schemes.
- Instant & Clear Results: Receive an immediate breakdown of your estimated annual pension and potential tax-free lump sum.
- Visual Breakdown: A simple bar chart helps you visualise the relationship between your annual pension and lump sum.
- Advanced Options: For a more tailored projection, you can adjust variables like lump sum commutation percentage, assumed inflation rates, and add any Additional Voluntary Contributions (AVCs).
- User-Friendly & Mobile-Ready: The tool features a clean, intuitive design that works beautifully on desktops, tablets, and mobile phones.
- Simple & Secure: No personal data is stored. You can use the calculator anonymously and with complete peace of mind.
How To Use This Tool
- Select Your Pension Scheme: From the dropdown menu, choose the scheme you are part of (1987, 2006, or 2015).
- Enter Your Details: Fill in your police force join date, your expected retirement date, and your final pensionable salary.
- Click Calculate: Hit the ‘Calculate’ button to see your estimated pension results instantly appear on the right.
- Explore Advanced Options (Optional): Click on the “Advanced Options” tab to fine-tune your estimate. You can use the sliders to adjust the percentage of your pension you’d like to take as a lump sum (commutation) or the assumed rate of inflation.
- Review and Reset: Analyse your results. If you want to start over or try a different scenario, simply click the ‘Reset’ button.
Frequently Asked Questions
Q: Is this calculator 100% accurate?
A: This tool provides a valuable estimate based on the information you provide and standard pension scheme rules. However, pension calculations can be extremely complex and are subject to change. Factors like part-time work, career breaks, or specific individual circumstances are not fully modelled here. For a guaranteed and precise statement, you must contact your official pension provider.
Q: What is “commutation”?
A: Commutation is the process where you choose to give up a portion of your annual pension in exchange for a one-off, tax-free cash lump sum upon retirement. Our tool allows you to see how different commutation levels would affect your annual income and lump sum payment.
Q: Does this calculator account for the McCloud/Sargeant remedy?
A: This calculator is designed to provide a simplified, illustrative estimate and does not specifically model the complex calculations required for the McCloud/Sargeant remedy. If you believe you are affected by this ruling, it is essential to get a personalised illustration from your pension administrator.
Q: What should I do with these results?
A: Use the estimate as a starting point for your retirement planning. It can help you understand what to expect and identify if you are on track to meet your financial goals. We strongly recommend discussing your results and overall retirement strategy with an independent financial advisor.