After the end of the month in which you retire
The investments held in your individual account will be disinvested on the last working day of the month in which you retire. We’ll receive your final payments, and add them to your disinvested funds. This will give us a final value of your individual account. If you have chosen to buy an annuity, this is the value we’ll use to get quotations for you. If you have chosen to take all of your individual account as a taxable cash sum, we will arrange for this cash sum to be paid to you. If you have opted for drawdown, we’ll transfer the money to your new arrangement.