Massive reforms to public services pension schemes

Do you work in the NHS industry, and have the public services pension scheme? If so, it is vital you read this blog on the reforms which are coming into place, which could impact your public services pension scheme.


As you might be aware, back in 2015 the UK government made changes to reform the majority of public service pension schemes. These reforms did not apply to members within 10 years of their normal pension age on the 31 March 2012, who remained in their legacy schemes with ‘transitional protection’.

The Court of Appeal later found this to be discriminatory against younger members. The government accepted that this discrimination existed and therefore have made the following change.

  • If you were a member of the scheme on 31 March 2012 and continued in service between 1 April 2015 and the 31 March 2022 (or your retirement date if earlier) or were a member of the scheme on 31 March 2012 then left service but returned within 5 years, you will be asked to decide which pension scheme benefits you would like to receive for that period.

After a consultation period the government has now decided to implement a ‘deferred choice underpin’ which was the approach preferred by the majority of the respondents to the consultation.


If you joined a public service pension scheme on or before 31 March 2012 and you were still a member of the scheme on 1 April 2015, you will be asked to choose your pension scheme benefits at the point when your benefits become payable, e.g. when you retire.

Members who received tapered protection in 2015 will also be offered a choice of which pension benefits they receive for any service between 1 April 2015 and 1 April 2022.

When your benefits become payable, you’ll be asked if you want to receive legacy scheme or reformed scheme pension benefits for your service between 1 April 2015 and 1 April 2022.

Review your NHS Pension

At Hentions Wealth Management, we have over 20 years’ experience working in the Financial Services Industry and we have expert NHS Pension Scheme advisors who already help many medical professionals navigate the complex tax & pension issues associated with its membership.

So why not contact us today for a free consultation and see if we can help you with the NHS Pension scheme decision.