Final Salary members

If you were in the scheme before 1 January 2013 you will have final salary section benefits.

If you transferred in final salary benefits from a Club scheme at any time you would also have final salary section benefits.


Final salary benefits are based on your final pensionable salary (FPS) and your pensionable service (PS). In most cases the benefits are calculated as follows:

  • Pension is FPS x PS / 80
  • Lump sum is 3 x FPS x PS / 80

Final Pensionable Salary and Pensionable Service are defined in the glossary.

If you were in the scheme before 6 April 1995 we will deduct an amount equivalent to value of SERPS we think you will get from the state pension scheme. This is called the SERPS offset.

If you retire after age 65 we will calculate your final salary benefits as at age 65 and enhance them to your date of retirement. This would be 31 December 2012 if you were born before 1 January 1948.


Some members have contracts to purchase additional service in the final salary section. These contracts have due dates between age 60 and 31 July before age 66. The benefits from these contracts are usually calculated based on their due date and reduced or enhanced from there as applicable.

If you would like further information please contact the Pensions Office.

Dependent's pensions

An adult dependent will get two-thirds of final salary section pensions.

Pension increases

Final salary benefits increase in line with inflation with no upper limit.