Not everyone's ready to wind down in their early 60's and if you prefer, you can continue to work beyond 62 and continue paying into the Group Money Purchase Scheme.
What's more, HBOS will also continue contributing to the Scheme on your behalf.
As HBOS does not set a contractual retirement age at which colleagues must retire, you can continue to work beyond age 62 and continue to make pension contributions - and benefit from HBOS contributions too.
You can even choose to draw your benefits and leave HBOS at a later date to suit your circumstances. However, your benefits must be taken before you are 75 years of age.
When you are approaching the Scheme retirement age (62), if you haven't already exercised any flexible retirement options, we will automatically contact you with a reminder of the options available to you.
You can also use the HBOS Pension Planner to see the effect of staying in the Scheme longer.
