Croeso i wefan Cronfa Bensiwn Dyfed
Welcome to the Dyfed Pension Fund website

Police Pension Scheme

Calculating your Benefits

The amount of your retirement benefits and the date on which they become payable will depend on your age, final pensionable earnings and length of pensionable service. You will receive a pension for life, plus if you choose to commute part of it, a tax-free lump sum.

Your annual pension is based on 1/60th of your average pensionable earnings for each year of pensionable service up to 20 years, and 2/60ths of your average pensionable earnings for each year over 20 years, up to a maximum of 40/60ths. For example, 25 years’ service gives 30/60ths. Each day counts as 1/365th of a year. The maximum length of pensionable service that can count towards a pension under the 1987 Scheme is 30 years.

An ordinary pension is awarded immediately on retirement after completion of at least 25 years’ pensionable service. If you have 25 years’ pensionable service, you may retire on an ordinary pension paid immediately on retirement if aged 50 or over. However, if you have 30 years’ pensionable service, you may retire with an immediate pension before age 50.


Chris’s average pensionable earnings is £30,000 and his pensionable service is 20 years at 1/60th each and 5 years at 2/60th each.

His annual pension is calculated as 30 years x 1/60th x £30,000 = £15,000

  • Pensionable Service
  • Pensionable Earnings
  • Exchanging your Pension