Pension Annuity Calculator

About you

Are you male or female?

To use this calculator you must be aged between 55 and 74.

Please don't include any final salary or defined benefit schemes.

Please tell us the value of your pension fund(s)

You can find the value of your pension fund(s) on your latest statement. Your pension statement may show separate figures for protected and non-protected rights funds. If you're working from statements with separate figures for protected and non-protected rights funds, please add them together to give us your overall fund total.

Total: £0.00

Are any of your fund(s) held with Aviva?

Aviva Life & Pensions UK Limited. Registered in England No. 3253947. Registered office: Aviva, Wellington Row, York, YO90 1WR. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Firm Reference Number: 185896.


Defined benefits pension scheme

This is a pension scheme in which the members are entitled to a certain level of pension benefit. It is defined by a formula which uses the member's length of pensionable service in conjunction with their salary to help determine benefits upon retirement. A final salary pension scheme is probably the most common type of defined benefits pension scheme.

Pension funds

You and/or your employer invest into your pension fund(s) during your working life and you use it to provide for yourself in retirement.