2006 scheme FAQs

Our most commonly asked questions and answers.

Frequently asked questions

You are able to give up a ¼ of your pension for a lump sum For each £1 of pension you give up you would receive a lump sum of £12.

The 2006 scheme pays dependents benefits to spouse’s, civil partners and also cohabiting partners who meet certain criteria.

An ongoing pension is provided for your spouse, registered civil partner or, subject to certain qualifying conditions, eligible cohabiting partner and eligible children.

If you have been on pension for less than 5 years a death grant payment will be payable equal to five times your annual pension, minus the pension already paid since you retirement. An ongoing pension is provided for your spouse, registered civil partner or, subject to certain qualifying conditions, eligible cohabiting partner and eligible children.

If you have left employment with the Firefighters’ you may be able to transfer your benefits to another pension scheme which satisfies certain requirements. An essential requirement is that the scheme must be a UK tax registered pension scheme and must not provide ‘flexible benefits’. Generally, a ‘flexible benefit’ is a pension benefit which is calculated by reference to an amount of money such as money purchase or cash balance benefits.

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