We’re sorry, but some customers are experiencing intermittent issues with our Online Account (for members). We’re working hard to fix this as quickly as we can.
The provider of The People's Pension has a new name - People's Partnership. We will continue to support the construction industry through employee benefit products and The Charitable Trust - under the existing B&CE name.
Will you have enough retirement income?
Once you’ve calculated how much money you’ll need to live on when you retire, you can figure out how to generate that income.
Retirement income can come from many sources
Your pension pot with us
Simply log in to your Online Account to find out how much your pension pot is worth.
State Pension
When calculating your overall income, don’t forget to include your State Pension.
Other pension pots
You may have multiple pension pots if you’ve worked for different companies or been self-employed.
It’s worthwhile tracing old pension pots from previous employers, as they can all contribute to your retirement income. You can take advantage of a free pension tracing service if you don’t know how to find them.
Other savings
You could boost your retirement income through bank or building society savings, ISAs, premium bonds, investments, or an inheritance. If you think you’ve lost track of any savings, you can get help tracing them.
Trace your lost accounts and savings »
State benefits
As you approach retirement, you may also be eligible for other benefits such as a free bus pass, free NHS prescriptions, and eye tests. Depending on your age, you may also qualify for winter fuel payments.
If your retirement income is low, you may be eligible for pension credit.
This may also entitle you to additional benefits such as housing benefit and a discount on council tax.
Other income
If you intend to work full-time or part-time after you receive your pension, this will increase your retirement income. And any additional income from a rental property or holiday home will be considered as income, too. You’ll need to calculate how your total earned income, rental income and pension income may alter your tax bracket, as you could find yourself paying more.
Review your pensions
Try to review your pensions regularly, especially if your circumstances change.
If you get a pay rise, you may be able to contribute more.
If you marry or form a civil partnership (or divorce or dissolve a civil partnership), you should consider how this may affect your retirement.
Not enough income? Don’t despair. There are other ways to boost your retirement income.
Watch out: Pension scams »
If you’re offered early access to your pension or a transfer to a scheme that seems too good to be true, chances are, it is.
Read about pension scams »