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 guidance 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
  • Administration and governance
  • Membership
  • Contributions
  • Benefit structure
  • Retirement benefits
  • Survivors’ benefits
  • more

What is the NHSPS?

The National Health Service Pension Scheme (NHSPS) is an unfunded, public service occupational pension scheme that provides retirement benefits to persons employed as health service workers on a salary-related or defined benefit (DB) basis.

Since 1 April 2015, there are two separate NHSPS schemes:

  1. the post-2015 NHSPS (sometimes referred to in NHS literature as the ‘2015 Scheme’), which was established on 1 April 2015 as a career average revalued earnings (CARE) scheme. This scheme is the subject of this Practice Note

  2. the pre-2015 NHSPS (sometimes referred to in NHS literature as the ‘1995/2008 Scheme’). The scheme is composed of two separate sections, the 1995 Section and the 2008 Section, which were established under section 10 of the Superannuation Act 1972. For more information, see Practice Note: The Pre-2015 National Health Service Pension Scheme

Note that there are separate schemes in Scotland and Northern Ireland which are not covered in this Practice Note.

At the same time as the post-2015 NHSPS opened, the 1995 and 2008 Sections were closed. However, transitional provisions were adopted which allowed certain ‘protected’ members, dependant on their age, to remain in their sections until retirement rather than join the less generous post-2015 NHSPS. Qualifying members included those who were within ten years of their normal pension age (NPA) as at 1 April 2012. However,