The Fee-Paid Judicial Pension Scheme (FPJPS)

Published by a LexisNexis Pensions expert
Practice notes

The Fee-Paid Judicial Pension Scheme (FPJPS)

Published by a LexisNexis Pensions expert

Practice notes
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Statutory framework

The Judicial Pension Scheme encompasses a number of schemes:

  1. the Judicial Pension Scheme 1981 (JPS 1981). Salaried judges appointed before 31 March 1995 usually belong to this unfunded final salary scheme, which was established under JPA 1981

  2. the Judicial Pension Scheme 1993 (JPS 1993 or JUPRA). Salaried judges appointed between 31 March 1995 and 31 March 2015 usually belong to this unfunded final salary scheme, which was established under JPRA 1993. Note that:

    1. there is a right of election to transfer from the JPS 1981 to JUPRA at any time up to a date six months after retirement. For more information, see: Eligibility, below

    2. the Ministry of Justice (MoJ) carried out an options exercise in 2023 to allow certain members of the Judicial Pension Scheme 2015 (JPS 2015) to retrospectively choose whether to be a member of JUPRA/FPJPS or the JPS 2015 between 1 April 2015 and 31 March 2022 (the remedy period). This is known as the McCloud remedy, on account of the age discrimination found in the transitional

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Jurisdiction(s):
United Kingdom
Key definition:
Final salary definition
What does Final salary mean?

Benefits calculated by reference to salary at date of leaving, irrespective of the contributions paid or investment performance.

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