New NHS Pension

I understand that in 2009/10 existing members of the NHS Pension Scheme (NHSPS) will have the opportunity to join the new NHSPS which has a normal retirement age of 65. One advantage of the new NHSPS would be a pension based on 1.87 per cent of my career average revalued earnings (CARE), rather than 1.4 per cent under the old scheme. So far I have had no notification from NHS Pensions about this option. If it is still going ahead, what is the actuarial reduction that would apply to members joining the new scheme and taking early retirement at, say, age 60?

YOU NEED TO SUBSCRIBE TO VIEW THIS ARTICLE

Already subscribed? Log in here

Subscribe to Medeconomics

Please enter your details

Forgotten Password?

Forgotten password?

Having trouble signing in?

Contact our online support team at support@medeconomics.co.uk

[DAYS_LEFT] days left of your Medeconomics free trial

Subscribe now

Your free trial has expired

Subscribe now to access Medeconomics

"I did not have to think twice about subscribing to Medeconomics... I find this website the only place I can find an up to date and accurate database of fees"

Pratice Manager, Canterbury