nuvos
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 your new employment and being eligible to join the pension scheme. We publish a leaflet on the Public Sector Transfer Club[PDF] 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 nuvos pension unless you have transferred rights in from a personal pension.
