Active members’ 2024 Annual Benefit Statements will be uploaded to the Pension Portal by 31 August.
2024 is the first year that most members, who are impacted by the 2015 Remedy (McCloud), will be able to see rolled back statements. Therefore, if as part of the introduction of alpha, you moved into the alpha scheme before 1 April 2022, your figures will look different in the ABS this year. As you have been rolled back into your Legacy scheme (classic, classic plus, premium or nuvos) for the Remedy period (1 April 2015 - 31 March 2022), you will be shown this information as well as all service to 31 March 2024.
Please make sure you have registered for the Pension Portal. For further information about Annual Benefit Statements visit the ABS pages.
ABS information for Remedy (McCloud) affected members with a Deferred Choice Underpin (DCU)
For most members affected by 2015 Remedy (McCloud) with a Deferred Choice Underpin (DCU), the 2024 Annual Benefit Statement (ABS) will show Principal Civil Service Pension Scheme (PCSPS – also known as Legacy) benefits up to 31 March 2022 and alpha benefits from 01 April 2022 onwards. A few members may have a slightly different ABS. If any of the items below apply to you, please see the Remedy FAQs for more information.
Purchased alpha Added Pension during the Remedy period (1 April 2015 – 31 March 2022).
Purchased Effective Pension Age (EPA) or Enhanced Effective Pension Age (EEPA) during the Remedy period.
Transferred a pension into the alpha Civil Service Pension Scheme on or after 01 April 2015.
Were subject to a pension sharing order on or after their transition to alpha.
Were subject to a Scheme Pays debit on or after 01 April 2015.
In addition, if you;
Have taken Partial Retirement during the Remedy period and received benefits that were for some or all of the Remedy period, click here for further detail
For more information regarding 2015 Remedy McCloud visit the 2015 Remedy (McCloud) pages.