Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+

Personnel Today

Register
Log in
Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+

Latest NewsPay & benefitsPensions

New NHS pension arrangements announced

by Greg Pitcher 21 Sep 2007
by Greg Pitcher 21 Sep 2007

NHS staff joining after 1 April 2008 will have to work five years longer before retiring – but will still receive a final-salary pension – after negotiations concluded today.


New pension arrangements were announced by trust representative NHS Employers and trade unions including the British Medical Association (BMA).


The agreement means all staff will receive a final-salary pension. Current staff will still be able to retire at 60 on a full pension, but workers joining after 1 April next year will have to wait until they are 65.


Existing scheme members will receive a pension equal to 1/80th of their final salary – based on the best of the last three years of work before the age of 60 – for each year of service, in addition to a 3/80th lump sum.


Members joining after 1 April will receive a pension worth 1/60th of their final salary, based on the average of the best three consecutive years of membership in the 10 years before retirement, for each year of service.


Sign up to our weekly round-up of HR news and guidance

Receive the Personnel Today Direct e-newsletter every Wednesday

OptOut
This field is for validation purposes and should be left unchanged.

All staff will be able to take a reduced pension up to 10 years before their full pension is due.


Reaction to the new arrangements




  • “The health unions have negotiated to keep the most important features of the NHS pension scheme.
    “Our priorities were based on a consultation with BMA members last year. They told us that being able to retire at 60, and retaining the final salary scheme, were the most important elements of the NHS pension scheme. Under this deal, they keep both, and get extra benefits.”
    Dr Andrew Dearden, chair of the BMA’s Pensions Committee



  • “We have agreed a new pension scheme for new members – and existing staff who choose to join – that is far more flexible, allowing staff more options in balancing work and retirement.
    “We have also been able to provide some additional benefits for existing staff. This agreement is good for staff, their employers, and the taxpayer.”
    David Jordison, chair of the NHS Employers pensions negotiating team



  • “NHS Employers and NHS trade unions have done an excellent job of listening to both staff and employers. The new NHS Pensions Scheme strikes the right balance between the security that staff deserve in their retirement, and affordability for the taxpayer.”
    Health minister Ben Bradshaw


Greg Pitcher

previous post
A third of employees admit fiddling expenses
next post
Unilever to axe more than 300 jobs as part of operations review

You may also like

Performance management is broken: how can we rebuild?

11 Jul 2025

Gregg Wallace case: don’t be too hasty to...

11 Jul 2025

‘Replace sick notes with gym’, Streeting tells GPs

11 Jul 2025

Workers with second jobs at an all-time high

11 Jul 2025

How using data can transform return-to-office mandates

11 Jul 2025

Ministers loosen fire and rehire proposals in Employment...

10 Jul 2025

£188k tribunal award for director sacked after cardiac...

10 Jul 2025

It’s no secret – parity in the workplace...

10 Jul 2025

Firms’ salary secrecy means ‘they lose out on...

10 Jul 2025

Court of Appeal rules that Ryanair agency pilot...

9 Jul 2025

  • Empower and engage for the future: A revolution in talent development (webinar) WEBINAR | As organisations strive...Read more
  • Empowering working parents and productivity during the summer holidays SPONSORED | Businesses play a...Read more
  • AI is here. Your workforce should be ready. SPONSORED | From content creation...Read more

Personnel Today Jobs
 

Search Jobs

PERSONNEL TODAY

About us
Contact us
Browse all HR topics
Email newsletters
Content feeds
Cookies policy
Privacy policy
Terms and conditions

JOBS

Personnel Today Jobs
Post a job
Why advertise with us?

EVENTS & PRODUCTS

The Personnel Today Awards
The RAD Awards
Employee Benefits
Forum for Expatriate Management
OHW+
Whatmedia

ADVERTISING & PR

Advertising opportunities
Features list 2025

  • Facebook
  • Twitter
  • Instagram
  • Linkedin


© 2011 - 2025 DVV Media International Ltd

Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+