Please see tables below for details of overall limits and deadlines which apply for the financial year commencing 06 April 2022
Financial Limits
Before 01 April 2022
| Membership |
Overall limit for purchases made before 01 April 2022 |
| classic |
£5,900 (plus lump sum amount of £17,700) |
| premium, classic plus or nuvos |
£7,300 |
| alpha |
£7,300 (this limit may be reduced if the member is also buying EPA) |
After 01 April 2022
| Membership |
Overall limit for purchases made after 01 April 2022 |
| classic |
£6,100 (plus lump sum amount of £18,300) |
| premium, classic plus or nuvos |
£7,600 |
| alpha |
£7,600 (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 2021/22 via Lump Sum |
Deadline for purchases made before 01 April 2022 |
| Lump sum paid from your salary and BACs |
18 February 2022 |
| Lump sum paid by cheque |
24 March 2022 |
Summary of deadlines for applications for monthly contributions:
| Buying Added Pension via monthly contributions 2022/2023 |
Deadline |
| All current Classic, Classic Plus, Premium, Nuvos or alpha members who wish to purchase Added Pension |
11 March 2022 |
| Classic, Classic Plus, Premium or Nuvos members transitioning to alpha on 1 April 2022 and wish to purchase alpha Added Pension |
8 April 2022 |
