Northwestsgt

Rejoining and receiving pension

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I'm leaving hopefully in 2018 with my pension intact...I'm one of the lucky few...

With family commitments, I'm starting to think about what I will do as not working is not an option.

I've looked at civil nuclear constabulary and British transport police.

Can anyone advise as the pension changes in 2006 seem unclear...do I get penalised if I join a non home office force with a pension.

I.e can I leave my force, receive my pension and then join btp/CBC and get my pension and salary without penalty ??

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Depends on a number of factors not least your age. You may need to take a 6 month break and even then it may cost you. Best to take Independent Financial Advice and make sure you have things in black and white from HMRC. Worst case scenario you will have to pay on the region of 55% of your pension in tax including on any lump sum you take. Best to spend a hundred quid and get it right than risk giving £70k to the Treasury.

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Enough Home office Senior officers have rejoined the BTP after finishing their time and that didn't seem to cause them any trouble - Their current CC Andy Trotter is Ex Met as we know.

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One of my colleagues retired after 30 years then started with BTP 2 months later, no problems with his pension, but he's hit the bigher tax bracket so pays more on the difference.

Edited by Whisper

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I think this is if you are over 50 at the point of retirement and took up new employment within one month of retiring. At least that's what i was told on my pre-retirement course

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