On retirement from the KPS-FS you may have the following options:

• KPS-FS Pension with attaching spouse's pension payable in the event of your death;
• up to 25% of your KPS-FS benefits as a tax-free cash lump sum & reduced KPS-FS Pension with attaching spouse's pension payable in the event of your death; or
• if your total pension savings value is below £30,000, then you may be able to take a one-off taxable cash sum.

If you have KPS-FS AVCs or linked KPS-MP benefits, these can be used to provide the tax-free cash lump sum to enable you to take your full KPS-FS pension.

Our administrator, Hymans Robertson, will write to you with all of your retirement options when you request a retirement pack.