Introduction

3.2.1 The following tables give a brief overview of the pension schemes covered by the CSP arrangements. For more in-depth information, please refer to the scheme publications which are available in the Members section of the website.

alpha contributions and benefits

alpha is a Defined Benefit scheme (Career Average - CARE). Benefits are calculated using a proportion of pay earned in each scheme year of active service

nuvos contributions and benefits

nuvos is a Defined Benefit scheme (Career Average - CARE). Benefits are calculated using a proportion of pay earned in each scheme year of active service

premium contributions and benefits

premium is a Defined Benefit scheme, with benefits based on final salary.

partnership contributions and benefits

The partnership pension account is a Defined Contribution pension scheme.

classic contributions and benefits

classic is a Defined Benefit scheme, with benefits based on final salary.

classic plus contributions and benefits

classic plus is a Defined Benefit scheme, with benefits based on final salary combining elements from the classic and premium schemes.

Published:
21 December 2021
Last updated:
13 January 2022