Options when you take your pension

When you take your pension (whether that is at Normal Pension Age or not), you may have a number of options. These include:

  • reducing your pension for a bigger lump sum;
  • increasing your pension for a smaller lump sum;
  • deciding how your pension increases in the future; or
  • providing additional pension for Spouse, Civil Partner or Adult Dependant.

You can find out more about your options by clicking on the 'more detail? button below.

Frequent questions

Please click on the appropriate section: