Classic plus pension scheme
Transferring pension funds
Can I take my pension to my new employer’s scheme?
You may want to transfer your pension to a scheme run by your new employer.
If you want to do this, you should discuss it with your new employer.
Alternatively, you can transfer your Civil Service pension benefits into a
personal pension or stakeholder pension. If you are transferring
benefits on standard (non-Club) terms, you may transfer out your
benefits at any age provided you have not started the administrative
process of claiming your pension.
What if my new employer is a member of the Public Sector Transfer Club?
You must apply to your new employer for a ‘Club’ transfer within 12
months of joining the scheme. We publish a leaflet on the Public Sector
Transfer Club, which you can find on the Publications
page.
What if I have less than two years’ service when I leave?
If you have less than two years’ service when you leave, you will lose all
rights to a classic plus pension unless you have transferred rights in from
a personal pension. We will pay to put you into the State scheme (the State
Second Pension) instead.
Alternatively, you can ask for a transfer value to another scheme or to a
personal or stakeholder pension. You must normally apply within 5 months of
leaving classic plus.
