NHS

Pension Estimator

Illustrative estimate across 1995, 2008, McCloud remedy & 2015 CARE schemes

NHS Pension Calculator — 1995, 2008, 2015 CARE & McCloud Remedy

Free NHS pension estimator covering the 1995 final salary scheme, 2008 final salary scheme, 2015 CARE (Career Average Revalued Earnings) scheme, and the McCloud remedy window (April 2015 to March 2022).

This tool helps NHS staff understand their estimated retirement income, tax-free lump sum, and the income gap between ages 60 and 67 when the 2015 CARE portion becomes accessible.

Built for NHS staff by NHS staff. No data collected. Completely free. Illustrative estimates only — contact NHSBSA or a regulated financial adviser for a personal pension statement.

Your details
Final salary at retirementper year
£45,000
Your salary at retirement for 1995/2008 calculations. Includes basic + enhancements.
CPI assumptionfor CARE revaluation
2.5%
Retirement agewhen you access pension
60
Age when you access your pension. Note: Pre-2006 members can retire from 50; post-2006 from 55.
Scheme membership
1995 scheme service
Enrolled before 2008
2008 scheme service
Enrolled 2008–2015
McCloud remedy window
In scheme before Apr 2012 & Apr 2015
2015 CARE service
Post April 2022
1995 scheme
Final salary · Age 60 · 1/80th
Years of servicepre-April 2015
15 yrs
McCloud remedy window
Apr 2015 – Mar 2022 · 7 years fixed

NHSBSA calculates both options and pays the higher for these 7 years.

Salary during 2015–2022remedy period
£35,000
Average salary across the 7-year McCloud window. Used for 2015 CARE calculation.
Years until retirementfor CPI revaluation
10 yrs
CARE accrual is revalued by CPI each year until you retire. More years = more growth.
1995 Legacy Basis
Calculating...
2015 Reformed Basis
Calculating...
2015 CARE scheme
Career average · State pension age · 1/54th
Years of servicepost-April 2022
4 yrs
Your estimated retirement income
Annual pension
--
before tax
Monthly income
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before tax
Tax-free lump sum
--
at retirement
State pension (age 67+)
--
combined annual
Annual pension breakdown
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Monthly income over retirement
1995/McCloud accessible from age 60. CARE and state pension from age 67.
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NHS pensionState pension
Illustrative estimate only — not financial advice. Assumes full-time working throughout. Part-time working requires pro-rata adjustment. Contact NHSBSA or a regulated financial adviser for a personal pension statement.