We appreciate that sometimes pensions can be a confusing topic so what better than to have easy access to our 'Ask the Expert' tool.

Select what type of member you are

Enter a keyword phrase or question

Press GO! to return your results.

Contact | Library | Accessibility

BTPF Members

A guide to benefits

Your lump sum (post 1 April 2007 joiners)

The basic aim of the fund is to provide after 35 years' membership, a tax-free lump sum twice your final average salary. This chart shows roughly what you would be entitled to take.

Lump sum benefits
Final average pensionable salary	10 years' membership	20 years' membership	35 years' membership
£18,000	£10,286	£20,571	£36,000
£21,000	£12,000	£24,000	£42,000
£25,000	£14,286	£28,571	£50,000
£30,000	£17,143	£34,286	£60,000
£35,000	£20,000	£40,000	£70,000
£40,000	£22,857	£45,714	£80,000
£45,000	£25,714	£51,429	£90,000
£50,000	£28,571	£57,143	£100,000
£55,000	£31,429	£62,857	£110,000
£60,000	£34,286	£68,571	£120,000
£65,000	£37,143	£74,286	£130,000
£70,000	£40,000	£80,000	£140,000
£75,000	£42,857	£85,714	£150,000

Important notes:

The Inland Revenue limit the amount of lump sum and pension you can take on retirement.

RPMI

BTPF Members

Your lump sum (post 1 April 2007 joiners)