Latest news | Railways Pension Scheme

Pension planning in your 30s - trusting your saving journey

Jul 31, 2023

As financial demands fight for your hard-earned salary, saving for later life may seem like an unnecessary outgoing right now. Read this article to understand why staying focused on your retirement goal is the best thing you can do for your financial future.
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Pension planning in your 20s - making the most of it when you're young

Jun 19, 2023

Saving for later life may not be your number one priority now you're in your 20s and enjoying a taste of financial independence. But here's why it might be just as important as booking that next city break.
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Fathers of the rail industry

Jun 14, 2023

To celebrate this Father’s Day, we’re remembering pioneers of engineering, science and technology who made the rail travel we have today possible.
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A day in the life of a Trustee Director

Jun 12, 2023

Meet Mark Engelbretson, Head of Pensions at Network Rail. We asked Mark about being a Trustee Director and the advice he would give to anyone thinking about taking on a similar role.
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Railpen’s 2022 Stewardship Report now live

Jun 6, 2023

The Stewardship Report for 2022, produced annually by Railpen, the investment manager of the British Transport Police Force Superannuation Fund, is now live.
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Meet your Management Committee

May 18, 2023

There have been some recent changes to the membership of the Management Committee. Learn more about the current membership and their duties.
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2022/23 P60s are available for retired members

May 15, 2023

P60s are now available online for retired members.
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Making your website easier to use

May 3, 2023

To help make our services more accessible to all our members, your website has now been improved to give you extra support if you need it.
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Look after your successors – make your nominations

May 1, 2023

King Charles III will be crowned successor to the throne on Saturday 6 May, but have you thought about what your own ‘successors’ might get in the event of your death? Learn how your nominations could make a difference.
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What is the State Pension?

Apr 28, 2023

The State Pension is a four weekly payment from the government which is based on your National Insurance contributions. Find out more about how it works and how to claim it.
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Tax relief and tax allowances explained

Apr 26, 2023

With the start of the new financial year on 6 April and the announcements made as part of the Spring Budget on 15 March, it seems timely to give members of the Fund a bit of a re-fresher on the fundamentals.
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What is the annual pension increase for the 2023/24 financial year?

Apr 7, 2023

For the 2023/24 year, the railways pension will increase by up to 10.1%. This will be effective from 10 April 2023.
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Bank holiday closures

Apr 6, 2023

Our Helpline will be closed on bank holidays in April and May.
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How the Spring Budget affects you and your pension

Mar 15, 2023

The Spring Budget included several changes that could affect the tax some members pay on their pension savings.
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Free will writing initiative continues in 2023

Mar 6, 2023

Free Wills Month is back this month offering those aged 55 and over the opportunity to have a will drafted or updated free of charge.
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Let's hear it for the girls!

Mar 3, 2023

To mark International Women’s Day and Mother’s Day this month, we’re suggesting ways to help women (and some men too) increase their workplace pension and maybe boost their State Pension as well.
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Make the most of pension saving before the tax year is up

Feb 21, 2023

The 2022/23 financial year is soon to come to an end meaning two things for pension savers. Now is not only a perfect time to make sure you are making the most out of your pensions tax benefits, it’s also a great chance to review your saving plan in general.
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Give your pension some love this Valentine’s Day

Feb 8, 2023

The world of pensions may seem daunting, but regularly checking in will help you get to know your pension and feel much more prepared for when you stop working. Learn more about how you can give your pension some love this Valentine’s Day…
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Your death benefits, protection for the future

Jan 31, 2023

Your pension comes with a range of benefits. Including some that could be paid out when you die.
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Moving jobs? Stay connected with your your old pension!

Jan 23, 2023

The start of the New Year may be the time you decide to move on in your career. Switching jobs means you’re probably going to leave a pension behind. Save yourself the hassle of having to hunt down old pensions by simply keeping track of them all as your career progresses.
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Also in this section

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.