Last reviewed 2026-06-02 · Reading level: grade 10 (computed)
Planning your retirement
Your pension is based on your years of service and your average salary near the end of your career. Here is how to plan ahead.
Most members can retire with an unreduced pension once they meet an age-and-service threshold. Retiring earlier is possible, but usually reduces the monthly amount.
It helps to start thinking about your retirement date two to three years ahead, so you have time to plan your finances and confirm your service record is accurate.
| Age | Years of service | Outcome |
|---|---|---|
| 65 | Any | Unreduced pension |
| 60 | 30+ | Unreduced pension |
| 55 | 2+ | Reduced early pension available |
The table above is a simplified, illustrative example for this mockup. Your actual eligibility depends on your real service record, which is only available in My Account — not part of this mockup.
Illustrative planning tool
Enter round, non-identifying figures to see an example pension estimate with an uncertainty band.
Open the planning toolRelated pages
- Pension payment datesWhen your monthly pension payment is deposited.
- Buying serviceHow to add eligible past work to your pension record, and roughly what it costs.
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