The
Public and Commercial Services Union (PCS) has welcomed the start today of an
improved civil service pension scheme.
PCS
represents more than 250,000 members of the civil service pension scheme, who
will now have a choice of pension that enables them to put more in, get more
out and delivers a number of benefits including survivor benefits for unmarried
partners.
The
first major change in the scheme for 30 years means that for an increased
contribution (3.5 per cent) civil servants are able to enjoy a better pension
package, which includes partner benefits and higher death-in-service benefits.
Other
features include improvements to benefits for the seriously ill, children and
improved nomination procedures.
It
also enables individuals to choose a benefits package that suits them.
PCS
Pensions Officer Alan Maloney said: "Five years of constructive work
between the Cabinet Office and civil service unions has delivered a new pension
scheme that provides civil servants with greatly enhanced pensions choice and
protection.
"PCS
is particularly proud that our members in the civil service will be part of the
first pension scheme in the public sector to provide survivor benefits for
unmarried partners, irrespective of gender.”
Comments are closed.