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psni pensions

  • 04-02-2014 7:32pm
    #1
    TDA2
    Registered Users, Registered Users 2 Posts: 226 ✭✭


    Hey
    I was noticing on the news that the Public Service Pensions Bill has just been passed over here. What way will that affect the police?

    I noticed that TUV's Jim Allister thanked members for including his amendment designed to bring equality for police widows in claiming their partners' pensions.

    For the ones in the know, what's the opinion?


Comments

  • #2
    notbrazil
    Registered Users, Registered Users 2 Posts: 117 ✭✭notbrazil


    Police pensions will be more affected by the current negotiations between the DOJ and PFNI over the implementation of the Windsor reforms. Politicians like Allister will fight tooth and nail for retired RUC officers but his spitting hatred for the PSNI knows no bounds - the PSNI cannot trust any of the politicians to fight for a fair deal on our behalf and all we can do is put our trust in the Police Fed.


  • #3
    Given01
    Registered Users, Registered Users 2 Posts: 35 ✭Given01


    I never thought 5 years in I would be concerned about my pension considering another 30 years to do... Not looking good though is it....


  • #4
    TDA2
    Registered Users, Registered Users 2 Posts: 226 ✭✭TDA2


    Would I be right in guessing about 18 - 20K p/a with 30years service?


  • #5
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    TDA2 wrote: »
    Would I be right in guessing about 18 - 20K p/a with 30years service?

    Very roughly. Depending on final rank and average salary. It's still about the best pension you can get without a time machine and putting all your money on Apple in the 80s ;)


  • #6
    KissMyAxe
    Registered Users, Registered Users 2 Posts: 17 ✭KissMyAxe


    Police Officers (& firefighters) were exempted from most of the changes to public pensions. Able to retire earlier than others etc given physical nature of the job.


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  • #7
    Maverick89
    Registered Users, Registered Users 2 Posts: 92 ✭✭Maverick89


    Are people who currently work in the public sector able to transfer pensions across?


  • #8
    TDA2
    Registered Users, Registered Users 2 Posts: 226 ✭✭TDA2


    You can normally transfer any pension to another company. You would be best seeing the figures as a comparison, with the pension provider. I would expect all government pensions to be with the same provider and be broadly the same terms. Speak to their pensions person once you get in. I'd have to see what it would cost me to transfer and my gain/loss. The pensions are now almost always average salary. I know if I'd left last march I'd be getting about £5600 pa when 65. Every persons circumstances are unique, but ultimately a government pension is safer than a private one. You should be getting an annual statement in early april each year which will give you a rough idea. Also the pension might be capped after so many years within police/fire. Maybe one of online officers can tell us what the max service pension is in terms of years?


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