Pension Overview Alpha or Partnership

Pension Choices,
alpha or partnership:
an overview
This leaflet provides an overview of the schemes you are eligible to join under the Civil Service
Pensions arrangements, so that you can choose the one best suited to you.
You are eligible to join either alpha or partnership. More information about partnership can also be
found on the provider’s website: www.legalandgeneral.com/csp
This leaflet does not provide financial advice. You might want to consider contacting an
Independent Financial Adviser (IFA) to discuss your retirement planning. You can find tips on
finding an IFA by visiting the Money Advice Service’s website: www.moneyadviceservice.org.uk
How do I register my choice?
Fill in the Pension Choices form enclosed in your New Starter Pack and send it to the return
address shown on the form.
alpha partnership
Defined benefit scheme. Defined contribution scheme.

What kind of Offers a pension income based on your A type of pension where benefits are
scheme is it? earnings over your career and your years dependent on contributions and the
of membership in the scheme. growth of the pension fund.
You will contribute a percentage of your

pensionable earnings. The percentage You do not have to pay anything. You
you contribute will depend on how much can pay as much as you like up to 100%
How much will I
you earn. Please see: of your pensionable earnings. Your
pay?
www.civilservicepensionscheme.org.uk/ employer will match your contributions,
members/contribution-rates/ up to 3%.
for the current rates.
Your employer will contribute a percentage of your pensionable earnings. Please
How much will my see:
employer pay? www.civilservicepensionscheme.org.uk/employers/employer-contribution-rates
for more information.
Will I get tax
relief on my You get tax relief on contributions, subject to HM Revenue & Customs rules.
contributions?
Contributions are invested in a fund of
How does my You build up alpha pension at a rate of
your choice by your partnership pension
pension build up? 2.32% of your pensionable pay each year.
provider.
What benefits do I get?
alpha partnership
This will be made up of the 2.32% of your

Retirement Contributions are invested to build up a
pensionable earnings each year, adjusted
pension pension pot.
in line with prices.
You can choose to exchange 25% of the You can choose to exchange some, or
total value of your pension benefits for a all of your pension pot for a lump sum,
Lump sum
tax-free lump sum, subject to limits set by subject to limits set by HM Revenue &
HM Revenue & Customs. Customs.
In alpha, you have a Normal Pension Age

(NPA), which is the same as your State
Pension age or age 65 if later. You can take You can take your pension from age 55.
When can I take
your pension before your NPA, although You don’t have to retire to take your
my pension?
your benefits will be reduced to take pension.
account of early payment. The minimum
pension age in alpha is age 55.
You can apply for an ill-health payment.

If the Scheme Medical Adviser confirms
You can apply for ill-health retirement. your health will permanently prevent
If the Scheme Medical Adviser confirms you from being able to do your current
your health will permanently prevent you job, you could receive a lump sum
from being able to do your current job, you when you leave. This is separate from
Ill-health benefits
can have your alpha pension paid early. the partnership pension account.
Your pension can be increased if you are You may also be able to access your
unlikely to be able to return to any sort of pension pot before age 55 if you
employment. become seriously ill or incapacitated
and are unable to carry out your normal
occupation.
If you die before taking your benefits,

your beneficiaries will receive
the benefits you have built up in
partnership. You will be asked to
nominate who you wish to receive this.
If you die with at least one year of service, The provider will choose how these
alpha will provide a pension for either: your benefits are paid depending on the
spouse, civil partner, or partner, plus any circumstances of your dependants. The
What benefits
dependent children you may have. provider will take your nomination into
are there for my
consideration when doing this
family? If you die in service, alpha also provides a
lump sum that can be paid to people or an If you die in service a lump sum can
organisation that you nominate. be paid to people or organisations that
you nominate. This is separate from the
partnership pension account.
On retirement, you can choose whether
or not to provide a pension for your
dependants as well as for yourself.
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Pension Choices,

Defined benefit scheme. Defined contribution scheme.

You will contribute a percentage of your

This will be made up of the 2.32% of your

In alpha, you have a Normal Pension Age

You can apply for an ill-health payment.

If you die before taking your benefits,

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