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A Defined Benefit scheme (Career Average - CARE). Pension builds up at 2.32% of actual pensionable earnings each scheme year. Introduced 1 April 2015. Most new entrants after that date will join this scheme.

nuvos

A Defined Benefit scheme (Career Average - CARE). Pension builds up at 2.3% of pensionable earnings each scheme year. Introduced 30 July 2007. Closed to new entrants from 31 March 2015 except those with a recent public sector pension, see section 4 (‘Your responsibilities when staff join’) for more details.

premium

A Defined Benefit pension scheme based on final salary.

Introduced 1 October 2002. Now closed to new entrants.

partnership

A Defined Contribution (‘money purchase’) pension.

classic

A Defined Benefit scheme based on final salary. It was open to Civil Servants from 1972 – 2002. The name classic came into effect 1 October 2002. Now closed to new entrants.

classic plus

A Defined Benefit pension scheme based on final salary. It was available from 1 October 2002 for staff in post on 30 September 2002. Now closed to new entrants.

The Civil Service Supplementary   (Earnings Cap) Scheme

This provides benefits on pensionable earnings above the earnings cap.

Closed to new members from 6 April   2006.

Designated stakeholder pension   scheme

A Defined Contribution (money   purchase) arrangement, offered as a way for staff to boost their retirement income, regardless of whether they already belong to one of the Defined Benefit schemes or partnership. Closed to new entrants from 1 June 2018 and to existing members from 1 September 2018.

Section 3.3 (‘Other Schemes’) gives   further details.

Published:
21 December 2021
Last updated:
21 December 2021