Partnership pension account
Transferring pension funds
If I leave the Civil Service before I reach pension age can I take my
pension to my new employer’s scheme?
If you leave the Civil Service before you reach pension age you can if you
wish keep your partnership pension account fund and it will continue to
earn investment returns. You can continue to put money into your fund but
your employer contributions will stop when you leave.
You may want to transfer your fund to another provider or it may be
possible to transfer it to your new employer's pension scheme. Your new
employer will be able to advise you whether they are able to accept a
transfer from your partnership pension account and will need your providers
details. Before you go ahead with the transfer make sure you understand
what you are giving up and what you are getting in return.