The Post-2015 civil service pension scheme—alpha
Produced in partnership with Michael Hayles of Burges Salmon LLP
The Post-2015 civil service pension scheme—alpha

The following Pensions practice note Produced in partnership with Michael Hayles of Burges Salmon LLP provides comprehensive and up to date legal information covering:

  • The Post-2015 civil service pension scheme—alpha
  • What is the alpha scheme?
  • Statutory framework
  • Funding
  • Cost cap mechanism
  • Changes in discount rate
  • Governance and administration
  • Scheme Management Board
  • The Pensions Regulator
  • Eligibility and membership
  • More...

FORTHCOMING DEVELOPMENT: Following the Court of Appeal judgment dated December 2018 in the McCloud/Sargeant case [2018] EWCA Civ 2844 that transitional protection in the judges’ and firefighters’ pension schemes gave rise to unlawful age discrimination, on 16 July 2020 the government published a consultation which sets out its proposals for addressing this discrimination (which was part of the 2015 reforms to public service pension schemes), along with its plans for the future, in the schemes covering the NHS, teachers, the civil service, firefighters, police and armed forces. More specifically, the government proposes to introduce legislation: (i) to make changes to the schemes to remove the discrimination identified by the courts for the period 1 April 2015 to 31 March 2022 (the remedy period); and (ii) to address future service beyond the remedy period. Rather than just returning all members to the legacy schemes, the government wants to ensure that people who are better off in the reformed schemes (based on a career average rather than final salary design) can choose to keep those benefits, and also that those who were closest to retirement age, and so were prevented from moving to the reformed schemes, will now have that choice. The consultation also sets out proposals for moving all active members into the 2015 reformed schemes after the remedy period (ie from
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