PMAS Regular Savings
Our regular savings plan guarantees you a
tax-free* lump
sum after a fixed period of between 10 and 30 years.
You can start saving from as little as £2 a
month and your payments can be taken direct from salary in most
forces, or made by direct debit.
Your money could grow by the addition of
regular bonuses, depending on the performance of the fund.
The PMAS Regular Savings plan is available to
anyone eligible to be a member of Police Mutual – check that you
are eligible on the are you
eligible page.
How to apply
Before applying, make sure you’ve read the
product information and the
key features pages. You’ll
need to have your bank details or payroll number to hand.
You can:
You may also have to provide details of your
medical history and your height/weight in metric measurements. If
you only know the imperial measures, use
our conversion calculator. We may also need
your GP’s details.
If there’s anything more you need to know, you
can read our frequently asked questions.
Guaranteed minimum payout
The table below shows the guaranteed minimum
payout you’ll receive if you pay £5 per week for a particular
period.
Illustrations for other amounts, age groups or
terms of years can be calculated using our
online illustration calculator.
| Age next birthday |
10 year plan |
15 year plan |
20 year plan |
25 year plan |
| Up to 30 |
£2,655 |
£4,016 |
£5,488 |
£7,373 |
| 31 - 40 |
£2,613 |
£3,952 |
£5,369 |
£6,957 |
| 41 - 50 |
£2,600 |
£3,920 |
£5,200 |
£6,500 |
| 51 - 55 |
£2,457 |
£3,714 |
£4,891 |
£6,175 |
| 56 - 60 |
£2,363 |
£3,579 |
£4,704 |
- |
| 61 - 65 |
£2,255 |
£3,406 |
- |
- |
| 66 - 70 |
£2,120 |
- |
- |
- |
It’s important to remember that the actual amount you receive will
depend on the performance of the fund. The guaranteed payout varies
with age because of the life cover included in the plan and at some
ages may be less than has been paid in.
The amount you receive in addition to that
shown will depend on our investment performance, our charges, the
impact of tax and the outcome of our other business activities.
* The lump sum is free of personal income tax
and capital gains tax. Tax is paid on the underlying funds by the
Society. Current levels and bases are subject to change in the
future.