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Pay deal choice
Comments
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I don't have to give up the CS pension I just have a choice, it's also not department specific but related to the Government Commercial Organisation
Make £2023 in 2023 (#36) £3479.30/£2023
Make £2024 in 2024...1 -
They are both CS pensions - Alpha is the DB pension, Concord a DC plan.
Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!1 -
My fault, I totally misread the OP & though the promotion was contingent on the different offer rather than a choice of either.
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Caveat - I am not a lawyer or IFA.
If you are remaining within CS, I would not leave Alpha. There's a reason they are trying to move people away from it, and it's not for your benefit!
Also check other contract terms as I know people on old style CS contracts had better redundancy terms (one month per year of service compared to one week/statutory) and you don't want to lose that.
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