Transcription of Network Rail CARE Pension Scheme
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Network Rail CARE Pension Scheme
Network rail care Pension SchemeYour Member s GuideThe bigger picture02 Additional Voluntary Contributionsis thename given to any contributions you pay aboveyour normal employee contributions to the Dateis 1 April each Allowance (AA)is the maximumvalue of benefits you can earn in any year underall your Pension arrangements. This usuallyincreases each tax year (see page 11). care Schemeis the Network rail CAREP ension Memberis a member who leavesthe care Scheme before Normal Pension Age and leaves their Pension deferred in theCARE a person who is married to you,in a civil partnership with you, or in the opinion ofthe Trustee is financially dependent (orinterdependent) on Capis the maximum amount ofPensionable Salary that can be used to calculateyour Pension benefit accrued in each SchemeYear.
05 Benefits at a glance Retirement pension An income for life from Normal Pension Age (65), or possibly before if you apply for early retirement (from age 55).
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