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NHS penson ill-health 1995 section or 2008?

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  • Giddypip
    Giddypip Posts: 132 Forumite
    Part of the Furniture 100 Posts Name Dropper
    You will be able to take your 1995 benefits at 60 without actually retiring. The 2015 section is then normally payable at your SPA, which for me is 67.


    If you choose to retire at 60 then your 2015 will be paid early but at a much reduced rate. If you take the 1995 benefits at 60 but continue to work for the NHS, then you won't be able to keep contributing to the 2015.

    I'll have been in the NHS 17 years this year and have 22 to go till retirement (60 years of age). As the government has already made changes to pension terms twice since I commenced in the NHS, I am sure that there will be more changes in the future. I don't think any of us will know our exact terms until we get within at least 5 years of retirement age and hopefully get protected conditions.
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