NASSCORP pension calculator

Enter your earnings in your best five years and the monthly contributions you have paid to estimate your NASSCORP retirement pension.

You qualify for a pension at 60 years with at least 100 months monthly contributions if you were born before 1980, or 144 months if you were born in 1980 or later.

How it's calculated

Average monthly earnings: the total of your best five years divided by 60 months.
Pension rate: 25% for the minimum number of contributions, plus 1% for every 10 more months.
Monthly pension: average monthly earnings × pension rate.

An example

In NASSCORP's own example, best five years of 875,000 give an average of 14,583.33 a month. With 132 contributions the rate is 28%, so the pension is 4,083.33 a month.

Frequently asked questions

What if I have not paid enough contributions?

With 12 months or more monthly contributions but fewer than the minimum, NASSCORP pays a retirement grant instead of a monthly pension.

What happens to my contributions if I die before 60?

They are paid as benefits to your dependants.

Which years count for the average?

Your best five years of earnings before retirement, which do not have to be consecutive.

Key terms

Retirement grant: A one-off payment for insured persons who reach retirement without enough contributions for a pension.
Monthly contribution: One month in which you and your employer paid into the National Pension Scheme.