All of the latest news and views from the Unite NHSBT Branch in the NHS Blood and Transplant Authority. The views are those of the author (David Linsey) and not necessarily of Unite. The blog is currently open for comments to anyone registered with blogger.com.

Tuesday, January 22, 2008

Pension Changes

The NHS pension system is changing. For some staff this may be a good thing but for others there could be disadvantages. For full details, go the the NHS Pensions website.

Broadly speaking, if you intend to work until you are 65, the new scheme will probably be better, but if you intend to retire before that you are better off under the old scheme. All current members will have the option to stay with the old scheme (but with slightly higher contributions) or transfer to the new scheme.

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