Railways Pension Scheme

Railpen update on the Russian invasion of Ukraine

The Scheme has very little direct exposure to Russian investments and will sell these when sanctions allow.

Your pension is in safe hands

The safety and security of your pension is of utmost importance to us.

Get social with the Railways Pensions Scheme

We've launched Twitter for members — follow us @RPSPensions

Discover more

Driving the change we want to see

New report highlights how sustainable ownership is supporting your retirement outcomes

Find out more

A helping hand for the ones you love

Should the worst happen, make sure your loved ones are taken care of

Nominate today

myRPS

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I am... paying into the Scheme

Discover the benefits of your Scheme membership and find out how to manage your pension in three easy steps!

Final salary members IWDC members

I am... no longer paying into the Scheme

If you're a 'preserved' member (no longer paying into the Scheme), you can learn more about your benefits in the sections below.

Final salary members IWDC members

I am... retired

If you're already claiming your Scheme pension, you can find out when your next payment is due and find useful contacts.

Payment dates Get connected

23/05/22

Changes to early retirement factors

If you are looking to take your benefits earlier or later than your NRA, the benefit calculation may change once new factors take effect from 1 July 2022.

20/04/22

Tax and your pension

Many people find pension tax complex. So here's a simple guide to the basics for this tax year.

06/04/22

Chris Hannon to retire as Trustee Chair

Chris Hannon will retire as Trustee Chair of the Railways Pension Scheme on 6 July 2022.

25/03/22

How the Spring Statement affects you

On 23 March 2022, Chancellor Rishi Sunak delivered his Spring Statement. It is an update on the current state and future expectations of the nation’s finances.

22/03/22

Get social with the Railways Pensions Scheme

We've launched Twitter for members - follow us @RPSPensions

04/03/22

Make a will for free during March

This March, the Railway Benefit Fund (RBF) and Railway Mission are offering you the chance to write your will for free.

25/02/22

Railpen wins a major award

Your pension administrator Railpen, has beaten off strong competition to win a major Communications Award in London.

16/02/22

All you need to know about your Annual Benefit Statement

We’ve made a new, easy-to-follow, on-screen guide and a new online video, to help you figure out your Annual Benefit Statement.

Railways Pensions is powered by Railpen Limited
© Railpen Limited 2022. Registered Office: 100 Liverpool Street, London EC2M 2AT
Each of Railpen Limited (registered in England and Wales No. 2315380) and Railway Pension Investments Limited (RPIL) (Registered in England and Wales No. 1491097) is a wholly owned subsidiary of Railways Pension Trustee Company Limited (Registered in England and Wales No. 2934539). Registered office for each company: 100 Liverpool Street, London EC2M 2AT. RPIL is authorised and regulated by the Financial Conduct Authority for some of its activities. The administration of occupational pension schemes is not a regulated activity. Full details about the extent of RPIL's authorisation and regulation by the Financial Conduct Authority are available from us on request.