Please find the link to an online calculator and modeller which has been developed by the Government Actuary Department on behalf of the NPCC to provide projected benefits under McCloud remedy.
XPS have agreed to host this calculator. We are not responsible for the financial projections that are provided and are unable to assist with any queries relating to the calculations and their output.
Please be sure to read the details on the home screen and T&C’s which provide full details on what the calculator provides and how to use it.
XPS cannot offer any assistance in the use of this calculator, or the technical aspects which have been developed externally, and can only direct you, should you experience any issues, to the calculator home screen or to the calculator T&C’s section. Should you still require assistance please contact your remedy lead for your home force team.
The calculator illustrates the potential value of benefits for those with membership of the 1987 scheme at key age/ service milestones. Assumptions have been used that allow for inflation and annual pay increases and therefore the calculator projections may vary from those provided by XPS, which do not take these potential increases into account.
The calculator presently only offers projections for 1987 legacy scheme and 2015 scheme membership; it cannot allow for pension sharing order calculations. However, it is hoped that these calculations may be made available in due course.
The calculations provided are solely for guidance purposes and provide estimates only. They are not a final retirement benefit offer.
XPS accepts no liability for any calculations produced or any actions taken by members with regards to these estimates.
Members retiring before October 2023 will retire with the benefits they have accrued in the 1987 and 2015 scheme currently held. A choice will be offered of scheme membership for the Remedy Period 2015 – 2022 at a later date, following the implementation of legislation, expected in October 2023.
The use of Member Self Service is still available to members for pension estimate illustrations and estimates can be provided to those close to retirement via our dedicated pensions team.