Loughborough University
Leicestershire, UK
LE11 3TU
+44 (0)1509 263171
Loughborough University

Information for staff

Preparing for retirement

  • Planning for Your Future
  • What you need to know
  • Retirement types
  • Personal development
  • Useful websites

Planning for Your Future

From October 1, 2011 there is no longer a compulsory retirement age in the UK which means, depending on the role you are doing, you may well be able to work on into your seventies or even eighties.

The question is … “is this what you want?”

You can never start planning for your future too early and this web page aims to give you some sign posts to useful information.

If you have any questions about the information provided, or you want to suggest improvements, then please contact us by emailing sd@lboro.ac.uk

What you need to know

Finance

If you have any questions about your pay and pension you need to contact the Finance Office, Payroll and Pensions section.

Alternatively you can take a look at your pension scheme web page:

Or take a look at the Government website that gives you loads of useful information.

Independent advice is available through the Money Advice Service.

Human Resources

If you have questions about your contract or options around retirement/semi-retirement, you need to speak to your HR Adviser in Human Resources.

If you decide to take retirement, you can discuss this with your manager to discuss possible leaving dates. This then needs to be confirmed with HR.

Remember if you are a member of union, you can always get advice from your union representative.

HR will write to you to confirm your retirement date and they will also inform payroll and pensions.

Then it is just your retirement party left to arrange and of course you will be invited to the annual ‘Retirement’ dinner.

You might like to take a few moments to look at these clips to see how other members of staff have planned for, and their thoughts, about retirement:

Types of retirement

Your HR Adviser will be able to give you guidance on what the university can offer you, but there is lots of information available on the Government web site and of course your own pension provider.

Independent advice is available through the Money Advice Service.

  • Full retirement
  • Ill health retirement
  • Part-time retirement (Flexible)
  • Deferring retirement

Personal development

Staff Development can offer you a wide range of programmes to help you plan for your future.

Whether you are just beginning to think about your future or if you have your retirement date already in mind. Take a look at the courses we have to offer:

Springboard courses

Other courses