Two new sets of Regulations will enable affected individuals to choose how the public service pensions remedy will apply to them.
The Public Service (Civil Servants and Others) Pensions (Remediable Service) Regulations, SI 2023/942, provide for affected civil service pension scheme members to make a choice for their remediable service, between receiving legacy scheme benefits or reformed scheme benefits payable from the legacy scheme, in accordance with provisions under the Public Service Pensions and Judicial Offices Act 2022. That choice will be open to members from 1 October 2023.
The National Health Service Pension Schemes (Remediable Service) Regulations, SI 2023/985, provide the retrospective element of the remedy for eligible NHS Pension Scheme members. Part 7 of the regulations covers a number of specific tax points around the lifetime allowance and annual allowance where there is a relevant rectification provision.
Two new sets of Regulations will enable affected individuals to choose how the public service pensions remedy will apply to them.
The Public Service (Civil Servants and Others) Pensions (Remediable Service) Regulations, SI 2023/942, provide for affected civil service pension scheme members to make a choice for their remediable service, between receiving legacy scheme benefits or reformed scheme benefits payable from the legacy scheme, in accordance with provisions under the Public Service Pensions and Judicial Offices Act 2022. That choice will be open to members from 1 October 2023.
The National Health Service Pension Schemes (Remediable Service) Regulations, SI 2023/985, provide the retrospective element of the remedy for eligible NHS Pension Scheme members. Part 7 of the regulations covers a number of specific tax points around the lifetime allowance and annual allowance where there is a relevant rectification provision.
