How to Calculate NHS Pension

How to Calculate NHS Pension
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The National Health Care Services (NHS) Pension Scheme is the pension system for employees of the NHS, a special health authority of the Department of Health of the United Kingdom. The NHS Pension Scheme offers an online tool you can use to calculate the estimated monthly pension you will receive at retirement age. As of 2008, the normal retirement age changed is 60 for most members.

Step 1

Open a web browser on your computer and go to the NHS online pension calculator tool (see References).

Step 2

Enter the age at which you intend to retire in the appropriate field. Enter both the years and months.

Step 3

Enter your current salary in the appropriate field.

Step 4

Enter the number of whole years of Pension Scheme membership in the appropriate field.

Step 5

Click the "Calculate" button to display your estimated annual pension and your lump sum retirement allowance.