You will receive a pension for life plus, if you choose to commute part of it, a tax-free lump sum.
Your police pension is based on 1⁄60th of your average pensionable pay for each year of pensionable service up to 20 years, and 2⁄60ths of your average pensionable pay for each year over 20 years, up to a maximum of 40⁄60ths.
For example, 25 years’ service gives 30⁄60ths. Each day counts as 1⁄365th of a year. The maximum length of pensionable service that can count towards a PPS pension is 30 years. You can exchange (‘commute’) part of your pension for a tax-free lump sum.
To find out more about pensions including pensionable pay, pensionable service and part-time working click on I want to know more about my pension benefits.