What should I consider when looking to transferring benefits into the Fund? 

Once you have an illustration of the additional service credit the transfer value will provide for you under the TfL Pension Fund, you should compare the benefit this additional service will give you with the benefits under your previous scheme. You should consider:

• How your salary will increase between now and retirement compared to any increases that may apply to your benefits under your previous scheme 
• The age at which the pension becomes payable 
• Any reductions that would apply on early retirement