2008 NHS Pension Calculator (Estimated) |
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## NHS Reckonable PayNHS Reckonable Pay is the best pay average (in a year) from the last 10 years of working. ## Years of NHS reckonable membershipYears of membership are shown on the 2008 tab of the Total Reward Statement in ESR. Reckonable membership shows the years and days accrued in the NHS 1995 Pension. ## Days of NHS reckonable membershipAs above. Make sure you have inputted all values before getting an estimate of your 2008 Pension Scroll below to see estimated 2008 pension. If the numbers above are inputted correctly the bullet points will show the estimated 2008 NHS Pension including what the maximum lump sum could be of you commute part of your pension. Early retirement pension estimates are shown from 55 up to 65 years of age. |

This **2008 NHS Pension calculator ** estimates the 2008 pension entitlement at retirement (the 2008 NHS Pension can be taken at 65 years old). You can take the 2008 up to 10 years sooner (at 55 years) or somewhere in-between. There are penalties for taking the 2008 pension early, but you will get it over a longer period, and it will increase in line with inflation. This is also an **early retirement calculator for the NHS 2008 Pension**. This pension calculator estimates annual, monthly, and lump sum entitlements. It will show your entitlement for maximum lump sum and reduced pension value. The calculator provides estimates of taking the 2008 NHS Pension at 55, 56, 57, 58, 59, 60, 61, 62, 63, 64 and 65. All values are approximate - please only use as a guide!

- At 65 the yearly 2008 NHS Pension would be *TBC *
- Taking the 2008 NHS Pension at 65 reduces it by 0.0%
- Each month this would be *TBC*
- At 65 the 2008 maximum lump sum could be *TBC*
- Taking the maximum lump sum at 65 will reduce the annual pension to *TBC*
- Each month this would be *TBC*

- At 64 the yearly 2008 NHS Pension would be *TBC *
- Taking the 2008 NHS Pension at 64 reduces it by 4.7%
- Each month this would be *TBC*
- At 64 the 2008 maximum lump sum could be *TBC*
- Taking the maximum lump sum at 64 will reduce the annual pension to *TBC*
- Each month this would be *TBC*

- At 63 the yearly 2008 NHS Pension would be *TBC *
- Taking the 2008 NHS Pension at 63 reduces it by 9.2%
- Each month this would be *TBC*
- At 63 the 2008 maximum lump sum could be *TBC*
- Taking the maximum lump sum at 63 will reduce the annual pension to *TBC*
- Each month this would be *TBC*

- At 62 the yearly 2008 NHS Pension would be *TBC *
- Taking the 2008 NHS Pension at 62 reduces it by 13.5%
- Each month this would be *TBC*
- At 62 the 2008 maximum lump sum could be *TBC*
- Taking the maximum lump sum at 62 will reduce the annual pension to *TBC*
- Each month this would be *TBC*

- At 61 the yearly 2008 NHS Pension would be *TBC *
- Taking the 2008 NHS Pension at 61 reduces it by 17.3%
- Each month this would be *TBC*
- At 61 the 2008 maximum lump sum could be *TBC*
- Taking the maximum lump sum at 61 will reduce the annual pension to *TBC*
- Each month this would be *TBC*

- At 60 the yearly 2008 NHS Pension would be *TBC *
- Taking the 2008 NHS Pension at 60 reduces it by 21.0%
- Each month this would be *TBC*
- At 60 the 2008 maximum lump sum could be *TBC*
- Taking the maximum lump sum at 60 will reduce the annual pension to *TBC*
- Each month this would be *TBC*

- At 59 the yearly 2008 NHS Pension would be *TBC *
- Taking the 2008 NHS Pension at 59 reduces it by 24.3%
- Each month this would be *TBC*
- At 59 the 2008 maximum lump sum could be *TBC*
- Taking the maximum lump sum at 59 will reduce the annual pension to *TBC*
- Each month this would be *TBC*

- At 58 the yearly 2008 NHS Pension would be *TBC *
- Taking the 2008 NHS Pension at 58 reduces it by 27.4%
- Each month this would be *TBC*
- At 58 the 2008 maximum lump sum could be *TBC*
- Taking the maximum lump sum at 58 will reduce the annual pension to *TBC*
- Each month this would be *TBC*

- At 57 the yearly 2008 NHS Pension would be *TBC *
- Taking the 2008 NHS Pension at 57 reduces it by 30.4%
- Each month this would be *TBC*
- At 57 the 2008 maximum lump sum could be *TBC*
- Taking the maximum lump sum at 57 will reduce the annual pension to *TBC*
- Each month this would be *TBC*

- At 56 the yearly 2008 NHS Pension would be *TBC *
- Taking the 2008 NHS Pension at 56 reduces it by 33.1%
- Each month this would be *TBC*
- At 56 the 2008 maximum lump sum could be *TBC*
- Taking the maximum lump sum at 56 will reduce the annual pension to *TBC*
- Each month this would be *TBC*

- At 55 the yearly 2008 NHS Pension would be *TBC *
- Taking the 2008 NHS Pension at 55 reduces it by 35.7%
- Each month this would be *TBC*
- At 55 the 2008 maximum lump sum could be *TBC*
- Taking the maximum lump sum at 55 will reduce the annual pension to *TBC*
- Each month this would be *TBC*

All calculations are from the 2023 NHS Early retirement paper published by NHSBSA [Source]. Maximum lump sum calculations are based on the figures provided by the NHSBSA site (i.e., multiply by 5.36 for 1995 Pension and 4.28 for 2008 and 2015 NHS Pensions [Source].)

- 1995 NHS Pension Calculator - includes calculations for retiring early;
- 2008 NHS Pension Calculator - includes calculations for retiring early.