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Stormont announces identical pension scheme for Northern Ireland

16 August 2012 - 9:50am

Up to 1,400 CSP members in Northern Ireland will get the same pension deal as those in England and Wales.

The Department of Health, Social Services and Public Safety has confirmed a decision of the Assembly that the health and social care (HSC) pension scheme will mirror the proposals set out for the NHS pension scheme in England and Wales.
The announcement, made earlier this month, confirms that a new career average revalued earnings (CARE) scheme linked to state pension age will be adopted from 1 April 2015.
The Assembly has not yet decided on how the legislation to bring the new scheme into effect will take place, said Peter Finch, CSP’s assistant director of employment relations and union services.


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