What is the Police Pension Retirement Calculator?
The Police Pension Retirement Calculator helps serving officers and retired police staff understand how their police pension fits into their wider retirement plan. It models the Police Pension Schemes alongside personal savings, investments and the State Pension to show whether your retirement income is sustainable over time.
How the Calculator Works?
This calculator estimates your police pension using scheme-specific rules and then integrates it into a full retirement cashflow model. It supports the 1987, 2006 and 2015 Police Pension Schemes, applying the correct accrual rates, early retirement reductions and commutation options.
Beyond the police pension, the calculator models your complete retirement mix. This includes cash, ISAs, GIAs, SIPPs and other investments, alongside the State Pension and any additional income. It projects income, spending, withdrawals and asset balances year by year, all shown in today’s money after inflation, so you can see how your plan evolves across retirement.
Step One: Select Your Police Pension Scheme(s)
Choose which police pension schemes you are a member of and enter your service details. The calculator handles mixed service and applies scheme-specific rules automatically.
Step Two: Add Assets, Income and Assumptions
Enter your cash savings, ISAs, GIAs, SIPPs and any other income. Set your expected real investment return and planned retirement age.
Step Three: Review Cashflow and Sustainability
Explore charts and tables showing income versus spending, total assets over time and withdrawals from investments. The calculator highlights whether your plan runs comfortably, breaks even or falls short.
Disclaimer: This calculator provides illustrative projections only and does not constitute financial advice. Police pension rules, actuarial factors and personal circumstances vary. Always check official pension statements or seek professional advice before making retirement decisions.
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What is the Police Pension Retirement Calculator?
It is a UK-specific retirement planning tool that models Police Pension Schemes alongside investments and the State Pension to show whether a police officer’s retirement plan is sustainable.
Which Police Pension Schemes does this calculator support?
It supports the 1987, 2006 and 2015 Police Pension Schemes, including mixed service across schemes.
Does it include early retirement reductions and commutation?
Yes. The calculator applies early retirement reductions where relevant and allows you to model commutation options to exchange pension for a lump sum.
Does the calculator include the State Pension?
Yes. You can include the UK State Pension and set when it begins to see how it supports later retirement income.
How are investments handled?
Investments are modelled separately across cash, ISAs, GIAs and SIPPs, with growth applied during working years and withdrawals only during retirement.
In what order are investments drawn down?
The calculator uses a tax-efficient withdrawal order: cash first, then ISAs, followed by GIAs and finally pensions.
Are the results shown in today’s money?
Yes. All figures are inflation-adjusted so you can interpret results in real terms.
Does the calculator show how much I could spend safely?
Yes. It highlights total funding available, ending assets and potential additional sustainable spending if a surplus exists.
Is my data stored?
No. All calculations run locally in your browser, and no data is sent to servers.
Can I export the results?
Yes. You can download a clean CSV file with year-by-year projections and metadata.
Is this a replacement for official pension forecasts or advice?
No. It is a planning tool designed to help you understand options and trade-offs, not a substitute for official statements or professional advice.