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

 

Back to top