How is my pension calculated?

Any pension you have built up before 1 April 2014 is fully protected. When your pension is due for payment the pensions team will work out and pay you the combined value of the pension you built up in the final salary scheme before 1 April 2014, which will still be calculated using your final year's pay when you leave, and the value of the pension you build up from 1 April 2014 (under CARE) in your Pension Account.

The Final Salary and CARE elements of your pension must be paid at the same time. You are unable to claim them separately.