An employee can apply for partial retirement if they are aged 55 and over or have a protected minimum pension age of 50, and with agreement from their employer, they can choose to take part, or all, of their pension benefits and continue in their NHS employment. This is called partial retirement - it may also be known as drawdown.
The pension benefits they take through partial retirement will be paid as a monthly amount.
They can take between 20% and 100% of all their pension benefits in one or two drawdown payments, without having to leave their current job.
For further information on eligibility for partial retirement please check the Partial Retirement Member Factsheet.
How do you apply for Partial Retirement?
The employee will need to complete a retirement application form called an AW8 Retirement Benefits Claim Form. This can be found on the Hub.
There's also an additional form for the employer to complete called the Partial Retirement Supplementary Form.
Both the employee and employer will need to complete the relevant sections and once completed send to the Pension team. The forms will need to be submitted to the Pension team three months before the retirement date.
Further information can be found on the Hub and the NHSBSA Pension Website.