NHS Pension vs SIPP
Compare what the NHS 2015 CARE scheme gives you against investing the equivalent contributions in a SIPP — guaranteed income, the break-even return, death benefits and the survivor's pension. Everything is in today's money. New to the comparison? Read the NHS Pension vs SIPP guide.
Illustrative estimates only — not tax, pension, or financial advice.
Illustrative estimates only — not tax, pension, or financial advice, and no personal recommendation. This tool does the arithmetic on your assumptions; it doesn't tell you whether to stay in the NHS scheme or opt out.
Contribution tiers: NHSBSA 2025/26 (carried into 2026/27). Scheme constants: 1/54 accrual, CPI + 1.5% revaluation, employer contribution 14.38% actually paid (headline 23.7%, the balance centrally funded by NHS England), 33.75% survivor pension, 2.025× / 2× death-in-service bases. Rates are subject to review — check the current NHSBSA figures and get personal guidance before acting.