Redundancy/Efficiency Retirement
If you are made redundant or your employer retires you for efficiency reasons and you have been a member of the Scheme for at least 3 months, then you will be entitled to your pension and lump sum if you are at least 55.
In certain circumstances your employer can choose to give you extra membership or additional pension which will count towards your benefits. Your employer should have a policy on this and you should contact them for further information.
You can find additional information about retiring in the following factsheets and in our Brief Guide to the Pension Scheme.

