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Frequently Asked Questions

On this page you will find answers to frequently asked questions about life events and how they can have an impact on your pension, how your pension savings are taxed, and the state pension.

What if I am a new joiner?
What if I want to leave the plan?
Can I move my pension?
What is the State Pension?
What happens to my Plan benefits if I get a divorce?
I'm a dependant of a member who has died, what do I need to do?
How is my pension taxed?

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Built on behalf of the Honeywell Retirement Plan (HRP) by Willis Towers Watson. The information is based on the Plan’s understanding of the law and the Scheme rules as of September 2021. This website is not financial advice, it cannot create any entitlements for members and, in the event of any discrepancy with the rules, the rules take priority.

External links and external content are selected and reviewed when the document is published. The Honeywell Retirement Plan (HRP) and Willis Towers Watson are not responsible for the content of external websites. The inclusion of a link to an external website should not be understood to be an endorsement of that website or the site's owners (or their products/services).

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