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What if I already have a preserved award in the United Kingdom Atomic Energy Authority pension scheme?

If you already have a preserved award in the United Kingdom Atomic Energy Authority pension and are re-employed by an employer who participates in the United Kingdom Atomic Energy Authority pension scheme after a break of less than 6 months your two periods of service will be combined.

If the break in service is more than six months you will need to make a specific option to combine/aggregate the two periods of service within 12 months of rejoining the UKAEA scheme,  A key feature in your consideration is a comparison of potential price inflation to you normal pension age (which be applied to your preserved award) compared to your potential increase in salary to normal pension age.

However, if the reason that you have a preserved award is the United Kingdom Atomic Energy Authority pension scheme was owing to the fact that you opted out of the scheme, then you will given two single awards.