PENSION CHANGE

TRADITIONALLY cops were able to retire after 30 years on half salary plus a tax-free lump sum - currently around £120,000 for constables. Pension rule changes in 2022 meant officers at all ranks could retire after 25 years as they could access their lump sum for the first time. But the amounts paid out are less than if they had completed 30 years' service. A newer scheme now requires cops to serve 35 years before access to full benefits. All officers must pay 13.7 per cent of their monthly salary into their pension.

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TRADITIONALLY cops were able to retire after 30 years on half salary plus a tax-free lump sum - currently around £120,000 for constables.