ARB / Premature Retirement Calculator
For NPA 65 (60th scheme members) only
1. Calculator Disclaimer: Before proceeding you should consider the options available in relation to how a member may enhance their benefits as this may affect the amount of service you wish to use in the calculation.
PLEASE NOTE:
New actuarial reduction factors have been introduced in respect of all
actuarially reduced and premature retirement benefits payable on or
after 1 October 2007.
2. If you are an employer and wish to obtain details of an employee's
service history you should contact Teachers' Pensions. Employers who
would like further information about this should email
teachers.pensions@deni.gov.uk.
3. This facility can be used to calculate an estimate of Premature Retirement
Benefits in respect of teachers aged between 55 and 64 inclusive. The
results will show details of benefits apportioned between the TPS and
the employer.
4. This facility can also be used to calculate an estimate of ARB retirement
benefits but please note such retirement is only available to members
aged between 55 and 64 inclusive.
5. You can also use this facility to calculate an estimate of Phased
Retirement benefits that are actuarially reduced (for members who are
aged 55 or over). Just enter the amount of service you wish to base
your phased retirement benefits on but this must not exceed 75% of your
total pensionable service.
6. To obtain a basic
calculation, enter the information requested below, then press the 'Calculate'
button to see your results.
