The Post-2015 National Health Service Pension Scheme
Produced in partnership with Paul Carney of Shoosmiths
The Post-2015 National Health Service Pension Scheme

The following Pensions practice note Produced in partnership with Paul Carney of Shoosmiths provides comprehensive and up to date legal information covering:

  • The Post-2015 National Health Service Pension Scheme
  • What is the NHSPS?
  • The statutory framework
  • Funding
  • Cost cap mechanism
  • Changes in discount rate
  • Administration and governance
  • Membership
  • Contributions
  • Benefit structure
  • More...

CORONAVIRUS (COVID-19) UPDATE: The Coronavirus Act 2020 suspends provisions of the NHS Pension Scheme that would otherwise have an adverse effect on the pension payments of a retired healthcare professional who returns to NHS employment. The intention is that such pension payments will be neither suspended nor reduced in such circumstances. For more information on the impact of coronavirus on pensions, see Practice Note: Coronavirus (COVID-19)—the pensions implications for trustees.
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
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