This website is for members of the AstraZeneca Pension Fund. It provides you with useful information about retirement and aims to help you to understand the process.
While you may not currently be able to retire, we want you to understand the options that will be available to you in the future and the support that is in place now to help you make informed decisions.
Before you have a look around, take a minute to watch our video which highlights the valuable support you have access to.
You have access to the following support to help you through the retirement process.
You can access My AZ Pension at any time to run a transfer value or retirement quotation.
The figures generated are not guaranteed but they should help you to assess your options, including when to retire.
You can also see details of your deferred pension and make changes to certain personal details.
To access My AZ Pension, go to More online.
You can also access the forms you will need from the My AZ Pension forms resource.
We encourage you to use this site as a hub for information on your retirement options, the retirement process, and for access to the support available to you.
It also contains the forms you need to retire, Q&As and a library of Fund-related documents.
We have arranged the information into the following sections:
The Fund is made up of several different sections, including the Pre-LifePlanner section and the Astra 95 section.
Your main pension benefits in the Fund are ‘defined benefits’ (DB).
If you make or ever made Additional Voluntary Contributions (AVCs), these are ‘defined contribution’ (DC) savings.
The Fund’s Normal Retirement Age varies depending on which section you’re in.
You can get confirmation of your Normal Retirement Age by requesting a retirement projection on ePensions (see More Online).
Under current pensions law, you can start to take your retirement benefits at any time from age 55.
Deciding how to take your Fund benefits is a very important decision and no-one involved with the Fund or AstraZeneca is legaly allowed to give you financial advice.
To help, the Company has appointed Wren Sterling, an authorised independent financial adviser.
You can contact Wren Sterling now for expert advice on your retirement options. You will need to pay their costs, but the Company has negotiated discounted rates for Fund members.
When you are closer to the legal minimum retirement age (within 9 months of age 55), you may be eligible to receive up to two sessions of advice from Wren Sterling, paid for by the Company.
You can find out more about Wren Sterling and the advice process on the Financial advice and FAQs pages.
You’ll also receive details in Your retirement pack.
Go to the Options page to start thinking about how you might want to take your benefits . . .
This area of the website is for members with pension benefits in the Pre-LifePlanner section or the Astra 95 section of the Fund who are more than 9 months from turning 55.
If this isn’t right, please re-select your membership category so we can take you to the right place.