Nhs 1995 scheme, anyone with some knowledge please

LookingForwardToRetiremet

Hello, I've a few questions...
Firstly if you're in the 1995 and now the 2015 scheme can you pay extra into your 1995 part of the pension so you can take it at 60?

JoeCrystal

How about asking your pension administrators regarding your enquiry instead?

Stubod

....go online to "My Total Rewards" statement, and use the "Submit a Query" email contact...

saucer

LookingForwardToRetiremet said:

Hello, I've a few questions...
Firstly if you're in the 1995 and now the 2015 scheme can you pay extra into your 1995 part of the pension so you can take it at 60?

Your 1995 pension is payable in full at 60 and is based on your final salary (not the one in 2015).  At its most basic that means that any membership you had up to 2015 when we moved over to the new scheme counts in this way.  For example if you had been working full time for 20 years to 2015 you would be entitled to 20 x 1/80th of your final salary = 1/4 of your final salary.  However the McCloud ruling (google it) means that membership from 2015 to 2022 will also be counted as under the 1995 scheme if that is financially beneficial to you.  This will be determined at retirement.  The 2015 rules and accumulation is for anything after 2015 or 2022 depending on that.  

You can't buy added years in either scheme but you can bul additional membership which is clearly explained on the NHS pensions website (google it)