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Saving We have a range of ways for you to pay extra contributions into your pension, giving you flexibility of how much you pay in and when.
Choosing my Benefits We’ll help you understand the choices you have so you can make the most of your IBM pension savings in retirement.
Information for Retirees We offer a number of lifestyle benefits, helping you to stay active and connected in retirement.
Resources This section provides access to resources to help you in your retirement journey.
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Updated on 23 April 2021
Within this section, we hope you'll find answers to the most common questions we receive, along with some links to educational videos that may help in your retirement planning.
If you feel there is anything missing, please do get in touch by using the Contact Us area at the top of the page.
Are there any educational tools available?
Working together with Legal & General, we have created a microsite which includes a 3-in-1 retirement planner, educational videos, interactive modules based on specific financial challenges, plus an explanation of key financial terms.
To access the Legal & General microsite, please click here.
There is a section on our website titled 'When circumstances change'. In this section you'll be able to find out the answers to the above questions, and more. You can access the area by following Resources > When Circumstances Change
Within our Resources area of our website, there is a section named Factsheets. In here you'll find information on the different IBM Pension Plans as well as other key topics such as Annual Allowance. You can access the area here.
Your annual statement, known as your Benefit Statement is issued in February each year. Within your statement you'll find out your current fund value, your normal retirement age, details of any AVCs and/or ASCs that you're paying aswell as a host of other information. Your Benefit Statement can be found on MyPension.
The Annual Allowance limit is currently £40,000 and the Lifetime Allowance is £1,050,000. More information can be found on our Annual Allowance factsheet, found under the Resources section > Factsheets.
If you would like to transfer funds in to your IBM pension Plan, you will need to complete a 'Request to transfer-in form' which can be obtained by contacting Pension Services.
If you have any queries, and would like to speak to a member of Pension Services, please use the Contact Us functionality at the top of the page.
