The earliest most people can draw their benefits is when they reach age 55, however this will be increasing to age 57 from 6 April 2028 unless you are a USS member with a protected pension age (the ULPF rules do not allow for protected pension ages).
In advance of making a final decision about retirement, members of staff are advised to contact the Pensions Team by emailing:
Although we cannot provide any financial advice, we can provide pension figures and talk you through your various options.
You may also wish to discuss your plans for retirement during with your line manager or head of department. This can be at any time or even as part of your Professional Development Review (PDR) so that the future plans for you and your role can be appropriately addressed. Members of staff considering retirement are encouraged to raise this at an early opportunity to make sure the appropriate support is in place for you and so that any associated matters can be discussed.
It should be noted that in terms of formal notice of retirement, members of staff will need to provide the appropriate contractual written notice to their Head of Department of the date they wish to retire.
Flexible retirement
If you are over age 55 (or age 57 from 06 April 2028), you may be able to take flexible retirement. This is an arrangement where you can draw your benefits without leaving your University role immediately.
Flexible retirement always requires permission from the University, and there are different arrangements for ULPF, USS and The NHS Pension Scheme, but if you are interested in flexible retirement, please contact the Pensions Team for information about the options that might be available to you.
HR can support you through your retirement process
Whether you are considering early retirement, retirement on the grounds of ill health or retiring at 65 or a later age, you should contact your area HR Business Partner for advice and support.
Planning for Retirement Workshop
The University offers a Planning for Retirement two-day workshop which is arranged by The Academy and usually runs twice each year. The workshop takes a positive look at the changes that occur when employees move from employment to retirement and gives participants the confidence to look forward to a well-managed retirement. The workshop includes specialist speakers presenting on a number of relevant issues.
For more information or to book a place on this workshop, please contact The Academy:
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