premium

The premium pension scheme is a final salary occupational pension scheme which forms part of the Principal Civil Service Pension Scheme (Northern Ireland) [PCSPS(NI)] pension arrangements from 01 October 2002. In this scheme, your pension is based on your years of service and final pensionable earnings. Contributions are 3.5% of your pensionable earnings.

You get a pension based on 1/60 of your final pensionable pay for each year of reckonable service.  

If you want to exchange some pension for a tax-free lump sum, we will give you £12 of lump sum for each £1 of yearly pension you give up. We will tell you the maximum lump sum you can have.

If you are a new to the Northern Ireland Civil Service and require more information, see the following booklet contained in your new entrant pack: Your pension, Your choice (PDF 124KB)

Please find below a range of leaflets & booklets relating to the premium scheme which can also be found in the resources section.

If you require further information or assistance you can contact the Member Administration Section. You can find their number in the contact us section.