Impacted members are those who started to receive their pension between 1 April 2015 and 1 October 2023, and are subject to 2015 Remedy. These members will be receiving an Immediate Choice RSS pack with additional supporting information to help them make their decision. They will have a choice between, either:

  • Legacy benefits in the Remedy period and alpha from 01/04/2022 (only applicable for members with service after 1 April 2022)
  • Reform or alpha-like benefits in the Remedy period and alpha from 01/04/2022 (if applicable)

You must submit your choice within the 12 months option window, and we encourage members to make their choice as soon as possible. For members who receive their Immediate Choice RSS by August 2025 and return their option form, implementation of choices and updates to pensions will take place from July through to November 2025.

Note: Members who tapered into alpha during the Remedy period will be given two options to choose from. If they do not make a choice within the option window, we will choose the most beneficial option.

Timing

  • We have agreed with Cabinet Office to issue the first cohort of RSS between 31 January and 31 March 2025. We anticipate the RSS will continue to be issued over a 2-year period.
  • The regulatory timeline for delivery of all Immediate Choice RSS is by 31 March 2025. However, a variety of factors make some pension calculations more complex. As a result, we will not be able to issue an RSS to all Remedy affected members by 31st March 2025*

We are committed to processing these as efficiently as possible.

*Please note, in cases where members have more complex records, the scheme does have discretion to extend beyond this delivery date.

Further information and Immediate Choice RSS FAQs are available here:

 

Immediate Choice
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