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The new calculator deals with the benefits officers may receive from all three of the current police pension schemes, these being the: • Police Pension Scheme 1987 (PPS 1987) • New Police Pension Scheme 2006 (NPPS 2006) • Police Pension Scheme 2015 (CARE 2015 Scheme) These schemes are all defined benefits schemes, but the benefits from.

The Police Pension Scheme 1987 (PPS) was introduced in 1987 and applied to all serving police officers.

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Refund of contributions under the existing police pension scheme. Scope of this guidance note.

An ordinary pension is awarded immediately on retirement after completion of at least 25 years’ pensionable service.

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the Police Pension Scheme 1987 and Police Pension Scheme 2006) will be closed in relation to service after 31 March 2022. Alternatively this can be found on the website www. .

Alternatively this can be found on the website www.

. . The Police Federation of England and Wales (PFEW) welcomes the Government’s response to the consultation on the Superannuation Contributions Adjusted for Past Experience (SCAPE) discount rate, which has resulted in an update to the Police Pension Scheme 1987 commutation factors.

Retiring on PPS 1987. For example, 25 years’ service gives 30⁄60ths.

Transition to the 2015 scheme: guidance.

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Current member (paying in) Information for. From 1 April 2015 this scheme will no longer be open to new recruits.

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You are able to increase your benefits by purchasing Added Years, although you may already be making Additional Voluntary Contribution.
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1987 Pension scheme retirements Once a police officer has completed 2 years as a member of the 1987 pension scheme, when they resign from the service and fulfil one of the criteria indicated below, they become entitled to immediate payment of their pension benefits: POLICE PENSION SCHEME – EMPLOYER GUIDE Retirements Local.

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. The 1987 Scheme pension comes into payment at age 50 but pension increases are not payable until 55. . . members of the 1987 scheme to be able to access their 1987 scheme benefits. 9.

Includes change of address and change of personal details.

Guides and factsheets - PPS 1987. PPS 1987 active members.

The Police Federation of England and Wales (PFEW) welcomes the Government’s response to the consultation on the Superannuation Contributions Adjusted for Past Experience (SCAPE) discount rate, which has resulted in an update to the Police Pension Scheme 1987 commutation factors.

An ordinary pension is awarded immediately on retirement after completion of at least 25 years’ pensionable service.

Legacy schemes (The Police Pension Scheme 1987 and Police Pension Scheme 2006) closed in relation to pensionable service after 31 March 2022.

XPS provide a pension website for serving and former police officers.

PPS 1987 at a glance.