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NHS Pension Question
Comments
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Ahh sorry I thought CARE scheme was to help carers not lose out due to having to care for disabled family etc I see! I was 40 in 2012 so not even close!
CARE is Career Average Revalued Earnings and is what all Public Sector schemes are moving to or have already moved to.
I would suggest you read about it.
http://www.nhsbsa.nhs.uk/4017.aspx0 -
I suppose you might have grounds to contest being automatically having to join the 2008 scheme if the only reason you couldn't re-join the 1995 scheme was because of your sacking and eventual re-instatement under the disability discrimination laws.
You'd need to a) understand if 1995 scheme is better for you (it looks that way but not sure) and b) speak to a solicitor, maybe the same one?
This would be an option but I don't know if it's worth the bother and perhaps the expense.
The OP can choose to keep the 1995 benefits where they are. So for a maximum of 1/2 year's service it's not going to make much difference whether than year is in the 1995 scheme or the 2008 scheme.0 -
CARE is Career Average Revalued Earnings and is what all Public Sector schemes are moving to or have already moved to.
I would suggest you read about it.
http://www.nhsbsa.nhs.uk/4017.aspx
Could I butt in and ask a quick question.
I'm on the 1995 scheme, so would retire at 60.....if not before!!
When the new CARE system comes in can I still retire at that age?....or preferably 55 as I planned to under my current scheme. ?
Thanks.Yep...still at it, working out how to retire early.:D....... Going to have to rethink that scenario as have been screwed over by the company. A work in progress.0 -
Could I butt in and ask a quick question.
I'm on the 1995 scheme, so would retire at 60.....if not before!!
When the new CARE system comes in can I still retire at that age?....or preferably 55 as I planned to under my current scheme. ?
Thanks.
Were you age 50 (or 45 if you are a member of the Special Classes) on or before 6th April 2012? If you were then yes as you stay on the final salary scheme and do not move to CARE. If not then it depends on whether or not you have any protection.
I suggest you read this;
http://www.nhsbsa.nhs.uk/4019.aspx0 -
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