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It's your employer's responsibility for the cost of paying your pension and lump sum early.

They must pay the capitalisation cost as a one-off payment.

If you're leaving 2 posts, your employer who started the redundancy is responsible for meeting any employer capitalisation costs.

We'll invoice your employer the difference in cost between paying an actuarially reduced early retirement (ARER) pension and the pension which will be paid.

This will be issued at the time we authorise the award. A copy of the invoice is sent to NHS Pensions Finance.

Payment is due within one month of receiving the invoice. We'll contact your employer if a response is not received within one month.

If you die before capitalisation costs have been paid, costs must still be paid in full.

Read more information about retirement on our website.