Added Pension - Limits and Deadlines
Topics:
Please see tables below for details of overall limits and deadlines which apply for the financial year commencing 06 April 2026.
Financial Limits
2025/2026
Membership | Maximum amount of added pension |
---|---|
classic | £7,500 (plus lump sum amount of £22,500) |
premium, classic plus or nuvos | £9,200 |
alpha | £9,200 (this limit may be reduced if the member is also buying EPA) |
2024/2025
Membership | Maximum amount of added pension |
---|---|
classic | £7,300 (plus lump sum amount of £21,900) |
premium, classic plus or nuvos | £9000 |
alpha | £9000 (this limit may be reduced if the member is also buying EPA) |
Deadlines
You will be notified of when you can apply to purchase Added Pension, but please take note of the key dates and actions in the table below if you are thinking of applying to buy Added Pension.
Summary of deadlines for lump sum payments:
Buying Added Pension 2024/25 via Lump Sum | Deadline |
---|---|
Lump sum through payroll | 14 February 2025 |
Lump sum by cheque | 14 March 2025 |
Lump sum paid by Bank Transfer (BACS) | 21 March 2025 |
Please note, you can only make one lump sum payment during the 2025/26 scheme year.
Summary of deadlines for applications for monthly contributions:
Buying Added Pension and/or Effective Pension Age (EPA) via monthly contributions 2025/2026 | Deadline |
---|---|
All current alpha members who wish to purchase Added Pension and/or EPA | 7 March 2025 |