Retirement: Pre-retirement - Pensions and Managing your Time in Retirement

Prerequisites

The last two years before retirement are a good time to prepare for personal change in readiness for leaving employment. We offer two different pre-retirement courses and recommend that you book on to both.

This course includes detailed information on occupational pensions and managing your time in retirement. You will have the opportunity to share information and discuss any concerns about retirement in a relaxed setting.

Representatives from University Pensions Administration will provide details of the occupational pension schemes relevant to those attending the course (CPS and USS). They will also answer individual queries. Benefit statements for participants who are members of the CPS scheme will be provided in advance of the session.

Our Learning and Development Consultant will lead an informal discussion on how to approach managing your time in retirement.

If you are also interested in Retirement: Pre-retirement - Legal and Finance please book that related course which will cover the following:

• Legal Advisors from Barr Ellison, Cambridge will explore some of the key legal issues that you may wish to consider when approaching retirement i.e. Wills, Trusts and Lasting Power of Attorney.
• Philip Bowden-Pickstock of Dartington Wealth will give a detailed overview of the different ways in which you may wish to consider managing your retirement income. He will give details of how tax is collected in retirement and answer questions.
• HR colleagues will outline the possible options for retirement for Established staff and the processes involved with each option, as well as the actions that need to be taken.

• University staff
• College staff
• Further details regarding PPD's eligibility criteria

Number of sessions: 1

• to have an increased awareness of the support available to you
• to have established support mechanisms appropriate for your retirement
• to have explored what activities are available in retirement

• A fee of £130 per person applies for College staff to attend this course (but this will not be applicable for any online sessions)

A Pensions estimate will be provided for members of the CPS Pension Scheme. If you would like to receive a Pensions estimate in advance of the programme please ensure that you book a place 6 weeks before the course starts, to allow sufficient time for it to be prepared

USS members can use the USS Benefit Illustrator which you can access from the USS website https://www.uss.co.uk/ to obtain an estimate of your benefits, and more information about this will be provided in the USS presentation. You will need your USS member number (an 8 digit number starting 48) to access the USS illustrator and if you do not have this you will need to contact the USS Member Service team - https://www.uss.co.uk/contact-us

One half day session

• Retirement: Pre-retirement - Legal and Finance
• Retirement: Pre-retirement - Pensions and Managing your Time in Retirement