I am working part-time
(This section covers both permanent part-time working and temporary part-time working - TPT)
If you work part-time we will still use the Basic pension calculation but we will use your full-time pensionable salary and we will pro rate your Pensionable Service according to your part-time hours. So, for example, if you have worked for 20 years at half hours (i.e. on a 50% contract) we will use 10 years of service in the pension calculation, or if your part-time pensionable salary is £5,000 we will use £10,000 in your Retiring Pay calculation.
If you are moving from full-time to part-time or changing your part-time hours, we will use the full-time equivalent of pay and pro-rated service according to your part-time hours for each period of service. For example:
Hours worked (Ground staff) | Length of service |
Pensionable
salary |
Salary used in Retiring Pay calculation | Service used in pension calculation |
---|---|---|---|---|
5 days a week (37.5 hours) | 10 years | £20,000 | £20,000 | 10 years |
3 days a week (60% contract or 22.5 hours) | 10 years | £12,000 | £20,000 | 6 years |
2 days a week (40% contract or 15.0 hours) | 10 years | £8,000 | £20,000 | 4 years |
Hours worked (Flying staff) | Length of service |
Pensionable
salary |
Salary used in Retiring Pay calculation | Service used in pension calculation |
---|---|---|---|---|
Full time (30 hours) | 10 years | £20,000 | £20,000 | 10 years |
75% contract (22.5 hours) | 10 years | £12,000 | £20,000 | 7.5 years |
50% contract (15.0 hours) | 10 years | £8,000 | £20,000 | 5 years |