This informative session will afford managers, and all those with line management responsibilities, the opportunity to refresh their understanding of the sections of the NHS pension scheme, associated benefits and allowances linked to the scheme. The session will also explain the McCloud remedy.
Objectives
- Overview of the 1995, 2008 and 2015 sections of the scheme and their peripheral benefits
- The McCloud judgement, the implications and timeframes for remedy
- Explanation of the annual allowance and lifetime allowance
- Overview of 24-hour retirement and partial retirement and how this affects pensions