The NHS Pension Scheme Review consultation commenced on Monday 10 January with the publication of the Review’s report and proposals. The closing date for responses is 11 April 2005.
Copies of all review documentation can now be accessed directly from the employers’ website www.nhsemployers.org and are attachments to this Reps Direct These include the letter that all employees should receive this month, and concise and full versions of the consultation document. Hard copies of the concise consultation document may shortly be obtainable from NHS employers.
Colleagues may well have seen press reports relating to the Review proposals, but should not rely on their being fully accurate. For example, while an increase in the pension age to 65 is a feature of the proposals, reports may not have recorded the protection of current pension terms for all pension earned before 2013 by existing staff and the possibility of some further concessions. Likewise, you should note that the proposals that future pensions might be on a Career Revalued Earnings Basis, rather than a Final Salary basis (as now) is only an option, on which views are sought as compared to an improved Final Salary basis.
All Amicus members in the NHS, all NHS groups and Sections are invited to submit comments on the review to Bryan Freake, our Pensions Officer with NHS responsibility, who will be assisting the Health Service Committee in drawing together the Amicus response to the consultation. Bryan’s email address is: firstname.lastname@example.org and the postal address is: Amicus, 40 Bermondsey St. London SE1 3UD.
In respect of our campaign against the increase in the pension age, preparations are in hand for a Day of Action to take place on 18 February about which further information will follow shortly.