Consultation on Service pensions.(News)

Two pensions consultation papers were issued recently by the ODPM, one dealing with the existing scheme and the other with a new scheme for those joining from 2006.

Both schemes would continue to be operated on a final salary basis and would bring firefighters' pensions more into line with other public service pension schemes.

For existing firefighters, the key changes proposed to the current arrangements include raising the pension age from 50 to 55 years, and the reform of benefits paid on ill-health retirement from 2006. Those due to retire on or before April 2013 will be unaffected by the new pension age.

A new recruit from April 2006 would get a new scheme offering more flexibility, a choice of retirement age, partner pensions, increased death benefits and an end to compulsory retirement. …

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