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NHS 1995 scheme dilemma

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  • Flugelhorn
    Flugelhorn Posts: 7,625 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Penny07 wrote: »
    I think it works like this - Your reckonable pay is the average of the best three consecutive years pensionable pay in the last ten.
    Same as in the teachers scheme
    Hope this helps! ]

    I think the NHS 95 is a single whole year in the three years prior to leaving the pension
  • mollycat
    mollycat Posts: 1,475 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 28 January 2019 at 10:41AM
    Penny07 wrote: »
    I think it works like this - Your reckonable pay is the average of the best three consecutive years pensionable pay in the last ten.
    Same as in the teachers scheme
    Hope this helps! ]

    Not correct.

    Best year of final 3 years pay.

    As others have helpfully stated earlier in thread, calculated as follows.
    Year 3...date of retiral and previous 365 days,
    Year 2...the previous 365 days,
    Year 1....further previous 365 days.

    No "averaging" going on at all , and no option to cherry pick any random 365 day spell within the last 3 years either, pension calculated on either Y1, Y2 or Y3 :)
  • That’s what I thought
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