I've left United Utilities but not taken my pension yet

When can I take my pension?

Under current Scheme and HMRC rules, you have two options:

• leave your pension until your Normal Retirement Age (NRA), or
• take your pension early (usually any time from age 55, although this is increasing to age 57 in 2028). If you take it before your NRA, and you are a DB member the benefits may be reduced because it will be paid over a longer period.

Can I transfer my pension?

Yes, you can transfer your pension benefits to another pension arrangement, such as your new employer's pension scheme, a personal pension or a stakeholder pension .

For a current transfer value quotation, please contact the Scheme Administrator (you can ask for a transfer value once each year). You may wish to take specialist independent financial advice before you transfer – if you don’t already use one, you can find a local IFA through http://www.unbiased.co.uk/

I have a pension, how can I find out more?

Simply contact the Scheme Administrators (quoting your National Insurance Number) who will be happy to provide you with details of your pension benefits held in the Scheme.