Retiring officer membership details
Police Officers who are members of The Ben Fund at the time of their retirement, can continue membership with a reduced monthly rate of £5.00 per month paid directly from their Police Pension.
The donation is via the tax efficient ‘Give as You Earn’ scheme. This means that only £4.00 is deducted from your pension with the remaining £1.00 tax element (for a 20% VAT rate payer) going straight to the charity, and if you are in the higher tax 40% bracket, your real term monthly donation to the charity is just £3.00 as the £2.00 tax element comes straight to the charity.
The only difference in services provided to retired members over serving officers is the loss of the £5000 ‘In-Service’ death grant. Everything else that you had access to as a serving officer is available to you in your retirement.
If you would like to continue with your membership in to your retirement, please complete the ‘Retiring Officer – Continuing Membership Form’ linked below, and return to us at firstname.lastname@example.org and we will arrange for the monthly deduction to be taken direct at source from your pension provider.
Additional information for retiring Lancashire officer membership
In the case of retiring Lancashire officers, on receipt of your completed membership form you will be contacted (by your preferred method) and we will provide you with our bank details, for you to set up a monthly Standing Order payment to the charity. This is due to your pension being paid via the local authority pension scheme, who do not manage a pension deduction on behalf of The Ben Fund.