GP pensions

What the NHS Pension scheme changes mean to you

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As a result of the McCloud judgement, the 1995 and 2008 Sections of the NHS Pension Scheme will both close on the 31 March 2022. All members currently contributing to these schemes will be automatically moved to the 2015 Scheme on 1 April 2022.

Both the 1995 and 2008 Sections of the 1995/2008 Scheme will close on 31 March 2022 – but members will not lose any of the pension benefits they have already built up in this Scheme. Benefits from the older scheme will be combined with those from the newer scheme, with the latter being accrued from 1 April 2022 onwards.

Target audience:GPs
Time:12:30pm – 1:30pm
Delivery mode:MS Teams (a link will be sent to delegates prior to the event).
Cost:Free for practices from practices in the Londonwide LMCs area.
Overview:This webinar explains how the 2015 NHS pension scheme works, how the new 2015 pension scheme could affect members and what considerations they now need to make for a comfortable retirement. Attendees will also have the opportunity to put questions to an expert.
Aims:To improve understanding of the 2015 NHS pension scheme that legacy members will contribute to as of 31 March 2022.
Learning outcomes:An understanding of the 2015 NHS pension scheme, how it is calculated and associated features and benefits. Retirement considerations that members may now need to make due to the 2015 NHS pension scheme.
Format:PowerPoint presentation
Presenter:David Tredgett
Feedback from previous sessions:“The speaker was knowledgeable and gave simple, clear explanations.”

“We got a good overview around pension schemes, how to obtain annual and total reward statements and how tapering allowances work.”

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