My IWDC options

As a preserved member, you can still ​check and change your investment fund choices and your Target Retirement Age.

You can also: 

• ​claim your preserved benefits at your ​Normal Retirement ​Age (if you're not sure when this is, check your Member Guide by logging into your myRPS account or call the Helpline on 0800 012 1117
• claim your benefits early. However, your benefits may be lower because your pension pot ​​has to provide benefits for longer, or
• transfer your RPS benefits into another scheme

Remember to quote your pension reference number when contacting RPMI.  This can be found on any correspondence you receive from the Scheme and will also be shown in the Membership Details section when you log into your myRPS account.

Lots more information is available in  a guide to retirement options for DC members.

You must claim your preserved benefits on, or before, your Normal Retirement Age (NRA).  Any benefits not claimed within six ​years of NRA will only be paid with the Trustee's agreement (in line with Scheme Rules).
 
You might like to get independent financial advice before making decisions about claiming or transferring your benefits. See unbiased.co.uk for details.