There are a number of issues to consider before making a transfer:
- You must apply for a transfer payment within six months of leaving the police service or opting out of NPPS (twelve months for transfers to a public sector scheme) – these time limits may be extended by the police authority at their discretion;
- You are not entitled to a deferred pension from NPPS if you received a refund of contributions - a transfer will be possible only if you repay the refund first;
- You will not be able to have a transfer if you are within a year of reaching the age of 65;
- The transfer value may not necessarily buy the same length of service in the new scheme - an estimate from the new scheme should provide an indication;
- The range and type of benefits offered by another scheme may be quite different from those offered by NPPS.
Your force's pensions administrator can provide an example of a transfer value calculation and more information about how NPPS arrangements work, but cannot give specific advice on individual cases.