u/spartypsvr

So assuming born on May 1st, do I lose out by an entire month of accrued benefit etc if I retire on April 3Oth or just one day? Obviously the calculator tool works on months - no doubt for simplicity - I'm thinking in terms of the actual benefit calculations.

So by taking all my benefits and savings in early retirement, the USS projection calculator says Annual Income £14k and Tax-free lump sum £98k (DB and DC). But everything I read says that only 25% of a lump sum is tax free. Is the USS scheme different or is the calculator wrong?