Retiring late

What increase is applied to my benefits built up before 1 April 2014 if I draw them after age 65?

The benefits you have built up before 1 April 2014 will be increased if you draw them after age 65. The rate of increase for pre 1 April 2014 benefits drawn after age 65 is a 0.014% increase on the pension for each day the pension is drawn later than age 65.

Remember that your pension has to be paid by your 75th birthday. Also, all pension benefits, if drawn voluntarily, must be drawn at the same time, irrespective of whether they were built up in the career average scheme or the final salary scheme.