changing potential retirement dates. If that officer remained an active member of the CARE 2015 Scheme for thirty years before retiring and during that period the annual movement in the CPI remained at a constant 2%, then at retirement that block of pension will havebecome worth £991.28 per annum. 7. We have commissioned that advice so we don’t necessarily want other parties to see it – not because we have anything to hide but to try to prevent those working on behalf of other parties (i.e. Why have a Federation, or why in fact pay into a pension scheme? Police pension scheme contributions are difficult to afford, why are they so high? Men and women have the same commutation factors in the Police Pension Scheme 1987. Generally, within the UK, pension provision has been moving at an ever increasing pace away from final salary schemes towards money purchase schemes for the last two or three decades. The PFEW has not followed this course because we are aware of the potential detrimental risks and because we believe that transitional protections are a good thing, as we aim to achieve a positive outcome for as many of our members as possible. Go to our YouTube channel to watch former National Secretary Andy Fittes answer questions on our legal advice. Police pensions have undergone a number of reforms since their introduction in the 19th century, the most recent of which was in 2015, when The Police Pension Scheme 2015 was brought in. This is standard practice and a common theme that public sector organisations and unions don’t publish their legal advice on public websites for instance. 1/55.3 of £21,000). So, yes, your pension is as secure as it possibly can be. 11. During that second scheme year of active membership you will also accrue a second block of pension based on 1/55.3 of your pensionable earnings during that second scheme year. Do you have a timeline? I joined at 19, partly for the pension, what are you doing to even out the loss? Who can see it? What has been lost is the expectation that the old schemes would carry on indefinitely and unfortunately such an expectation is not capable of being protected. An increased cost of public service schemes to £32bn a year was behind the proposals, and they led the way to the introduction of the 2015 CARE Scheme. Find out more>, Case Study: City of London - investigated after a death, Case study: Metropolitan - Horrific three year investigation, Case study: Metropolitan - Left broken and suicidal, Case study: North Yorkshire - Misconduct over Taser, Case study: Nottinghamshire - 27 months of hell, Case study: Sussex - five year investigation, Case study: West Midlands - Bedridden with depression, Case study: West Midlands - I thought I would go to jail, Hear 'Man Up', Think 'Man Down' - Blog by Belinda Goodwin, Belinda Goodwin: Mental Health Awareness Week 2020 - #Kindness can help prevent a 'Man Down', World Suicide Prevention Day - blog by Wellbeing lead Hayley Aley, "I wish I’d gone to the Federation sooner”, "I’d have hated to be fending for myself", Case study: "The biggest issue is talking about it", Case study: "It felt personal, it felt really difficult", Policing manifesto: Putting the public first, Post Incident Procedures (PIPs) Seminar 2019, Post Incident Procedures (PIPs) Seminar 2018, Supreme Court ruling on firefighters’ pensions. How many colleagues are protected/partially or not protected? 16. Someone joining the force and the CARE 2015 Scheme at the age of 30 and earning an initial salary of £21,000 in his or her first year would pay contributions at the rate of 12.44% under Tier 1 which would total £2,612. When calculating lump sums in the old 1987 scheme, why do female officers receive more per £100 commuted than their fellow male officers? It is not just older members who had an expectation of pension pot. We responded to the Home Secretary’s consultation, attended meetings and engaged in discussions to help influence the scheme to the benefit of our members. So if you are a member for thirty years, you will accrue thirty blocks of pension which together will form your overall pension. In an open letter to our members, national chairman John Apter says: “On Tuesday we updated you that we were prepared to bring any appropriate legal claims on your behalf when it came to police pensions if our expectations were not met by the Government following the Supreme Court ruling on firefighters’ pensions. As we work towards further transparency in the organisation we are looking at how and when such papers should be published online to be viewed. At the start of the second scheme year of your membership the block of pension accrued in the first scheme year will be increased by the percentage of the annual movement in the Consumer Prices Index (CPI) plus 1.25%. Two police pension schemes are in operation today – the Police Pension Scheme (PPS) which began in 1987 and the New Police Pension Scheme (NPPS) launched in 2006. This recognises the nature of a career in policing. 9. Although under the CARE 2015 Scheme accrual is not all based on ultimate final earnings at retirement as it is in the earlier schemes, as described in FAQ number 2 above, each year of accrual under the CARE 2015 Scheme is subject to annual increases in value. 13. 1. Unlike final salary schemes, CARE schemes do not unevenly favour those who progress through the ranks and earn more money at the end of their careers and who therefore have their whole pension based on that larger salary. The main reason is due to how the CARE 2015 Scheme works in comparison to the earlier (1987 and 2006) final salary schemes. During the first scheme year of your active membership you will accrue a block of pension which is 1/55.3 of your pensionable earnings in that scheme year. More than half of members were able to either have full protection or tapered protection, while previously accrued rights were also protected for all officers with Police Pension Scheme (PPS) 1987 and/or New Police Pension Scheme (NPPS) 2006 service. 2. Even if, at some point in the future, changes are made in respect of future accrual, benefits accrued before the change will be protected. 15. However, the CARE 2015 Scheme also provides a very good level of benefits. Under a CARE scheme all members of whatever rank, whether full-time or part-time and regardless of future career progression, pay contributions and accrue pension based on what they are paid in the given scheme year. It informed us of its proposal to introduce the scheme in 2012, as it needed a “long-term solution to the increasing costs of public service pensions that is fair to public servants and other taxpayers”. 6. 3. Under the CARE 2015 Scheme all accrued pension is subject to ongoing year on year increases, whereas accrual under the earlier schemes is based on your final pensionable earnings at the point of retirement. In total, more than 67,000 of our 121,000 members had either full protection (more than 49,000) or tapered protection (just over 18,000). Minutes and reports from meetings can be found on the Research pages of The Hub, the internal website for the Federation and therefore only accessible by reps - therefore please contact your local rep if you wish to see these. It is not possible to pinpoint this as not all of those officers in the new scheme will suffer an adverse effect to their future pension accrual. The 2015 CARE scheme remains a very good pension scheme, and is favourable compared to most other pension schemes, both in the public sector and those in the private sector. Find out more and access the calculator here. It was the only scheme proposed by the Government and was in line with the CARE schemes proposed for other public service workers. Please be assured we have collectively got your backs and this will never change. If you cease to be an active member of the CARE 2015 Scheme other than as a result of retirement then your combined blocks of pension accrual will continue to be increased annually until your retirement but by the movement in CPI only (i.e. Why did the PFEW not challenge the Government? Why have you not published it? In the private sector there are now virtually no final salary (or even CARE) schemes that are still open to new members and very few under which benefits are still accruing. Therefore, unlike many private sector schemes where the employer fails and the members lose some or all of their benefits, this would not happen to the police schemes as the Treasury guarantees the funding for the schemes. The pension block you accrued in your first scheme year of active membership will have been increased annually thirty times by CPI plus 1.25% whereas the block of pension accrued in your thirtieth year of active membership will only be increased in this manner once. Access to trained Federation reps. For example, in a misconduct hearing the only right of audience with the officer under investigation is a Fed rep or a friend, but only Fed reps are trained specifically in conduct regulations. Section 1 (questions raised by members via our pay and morale survey). In the context of this shift in provision in the private sector, the change to the provision for public service workers could be seen as inevitable. Money purchase schemes are those under which member and employer contributions are invested until retirement and then the final amount is used to purchase benefits, however, there is no guaranteed level of benefit.