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  • Pm85 Railways Pension Scheme - Network Rail Section Brass

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PM85 Railways Pension Scheme Network Rail Section BRASS future contributions fund choices Please use BLOCK CAPITAL letters If you are an existing or new member of BRASS please fill in this form to.

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How to fill out the PM85 Railways Pension Scheme - Network Rail Section BRASS online

The PM85 Railways Pension Scheme - Network Rail Section BRASS form is essential for members to specify their fund choices for future contributions. This guide provides clear instructions to help you fill out the form online accurately and confidently.

Follow the steps to successfully complete the PM85 form

  1. Click ‘Get Form’ button to obtain the form and open it in your browser.
  2. In the 'Your details' section, provide your title, pension reference number, surname, first names, address, postcode, daytime phone number, home phone number, and email address. Ensure accuracy, as these details are important for identification.
  3. Move to the 'Your fund choices for your future BRASS contributions' section and select your preferred fund allocation. Remember, your selections must total 100%. Choose from options such as the Aggregate Bond Fund, Deposit Fund, or the Global Equity Fund, among others.
  4. Indicate your Target Retirement Age (TRA). If you wish to set a personal TRA different from your pension age, please do so in this section to ensure correct investment switching as you approach retirement.
  5. Sign and date the section labeled 'Signature' and ensure that the date is formatted correctly. This confirms your selections and agreement to the terms specified in the document.
  6. Once all necessary fields are completed, review your entries for any errors. After confirming that everything is accurate, save your changes, and prepare to submit or share the form as required.

Complete your PM85 form online today to ensure your pension contributions align with your goals.

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Additional Voluntary Contributions (AVCs) are a tax-efficient way to save more towards your pension benefits. The Scheme's main AVC arrangement is called BRASS. Your BRASS AVCs are invested in a range of funds with the aim of building up extra benefits over time.

It is sometimes called a 'company pension', an 'occupational pension' or a 'works pension'. It's tax efficient - as the money you pay in, or contribute, to your pension is taken from your salary before tax is deducted, reducing the overall amount of tax you will pay on your salary.

Taking the level pension option means that you will draw a higher RPS pension before you claim your State Pension and your RPS pension will reduce after you reach State Pension age. This option is subject to eligibility and will be based on your State Pension age at the date you take your pension from the RPS.

The Trustee looks after your interests as a member of the Railways Pension Scheme. It is the trustee for four railway industry pension schemes. Two of these schemes - the Railways Pension Scheme (RPS) and the British Transport Police Force Superannuation Fund (BTPFSF) - are open to new members.

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