I’ve left or opted out
If you’re a deferred member who is eligible for 2015 Remedy, you’ll be asked to make a Remedy choice when you apply to retire.
Asking you to make this choice when you retire means you’ll know exactly what you’re entitled to under each option, making it easier to make the right decision for you.
When to expect your Remedy choice
When you apply to retire, we’ll offer you a choice between your final salary benefits and your CARE benefits for your service between 1 April 2015 and 31 March 2022. This is called the Remedy period.
These are sometimes known as ‘legacy’ benefits and ‘reformed’ benefits.
To help you decide, we’ll send you a choice letter, known as a Remedial Service Statement (RSS). This will show your pension benefits side-by-side in your final salary and CARE scheme for the Remedy period, to help you decide which option is the right one for you.
Your service for the Remedy period will be automatically moved into your legacy scheme until you’ve made your choice.