(2) In regulation 174(1) for “21.3%” substitute “31%”. Find out more about the COVID-19 impact on the Pensions service. The calculator is for guidance only, and only offers estimates. The new 2015 pension schemes are still arguably better than the alternatives available and there are many very good reasons to remain a Member: If either pension is as the result of disablement due to an injury received, without it being your fault and in the execution of your duty, you will be entitled to an Injury Award which is separate to your pension and under the Police (Injury Benefit) Regulations. For police staff the Normal Pension Age for each scheme is detailed below. At the end of any additional period, the Member was transferred to the new scheme. Police staff can find out the specific details of their own circumstances on following pension calculator: http://www.civilservicepensionscheme.org.uk/members/member-calculators. These officers are covered under separate guidance. This is the original version (as it was originally made). What happened if I was a member of the Civil Service Partnership Pension Scheme? Employees who were members of the Partnership Pension Scheme remained in the scheme and were not affected by the changes. The final salary police pension schemes closed on 1 April 2015 and a new police pension scheme was introduced, with future accrual based on the new CARE model. ‘I’ve used Metfriendly for the last 5 years and recently the money has gone towards a deposit for our house which we are moving into next month. All active 1987 scheme members who, as of 1st April 2012, had 10 years or less to age 55 or had 10 years or less to age 48 and were 10 years or less from being eligible for a maximum unreduced pension, saw no change in when they could retire, nor any change of pension scheme. The total combined contribution rate will be 12.5% of pensionable earnings in 2030. If you are unsure which scheme you are a member of contact your provider. In accordance with section 1(1) of the 1976 Act(3), and section 3(5) of the 2013 Act, the Treasury has consented to the making of these Regulations. We are asking members who are unable to contact us via email to call us on our number which can be found at the top of every letter from Pension Services. 1.—(1) These Regulations may be cited as the Police Pensions (Employer Contributions) (Amendment) Regulations 2019. For full pension information and calculators click the links on the right. If you are seeking to apply for a new product you may prefer to do so online. For more information see the EUR-Lex public statement on re-use. The final salary police pension schemes closed on 1 April 2015 and a new police pension scheme was introduced, with future accrual based on the new CARE model. 1976 c. 35; section 1(1) was amended by section 133(3)(a) of the Anti-social Behaviour, Crime and Policing Act 2014 (c. 12). I will be signing back up next year to help save towards my kids future.’. 496F. This item of legislation is currently only available in its original format. On the same day a new Civil Service pension scheme was introduced for staff, although not all members of police staff were transferred to the new scheme. 2018/997. Rates apply from 1 April 2017 to 31 March 2023. Why should I remain a member of the pension scheme? You can also find the answers to commonly asked questions below. Again, this depends on what scheme you are in and when you joined the service, but for some employees the new scheme has meant a reduction in the benefits they will receive on retirement. This was called ‘Tapered Enrolment’. Were all members of pension schemes affected in the same way? Different options to open legislation in order to view more content on screen at once. Again, this was conditional on them remaining within their current scheme until they retire.