Question to the Department of Health and Social Care:
To ask the Secretary of State for Health and Social Care, what assessment he has made of the potential merits of allowing NHS Pension Scheme members in receipt of pension benefits to choose to revert to legacy scheme benefits if they can evidence financial difficulty.
The NHS Pension Scheme is delivered by the NHS Business Services Authority (NHSBSA). NHSBSA is prioritising the issuance of remediable service statements to cohorts of NHS Pension Scheme members affected by the public service pensions remedy (‘McCloud’) who are most likely to receive higher pension benefits following their benefit choice. A fast-track process to enable members who meet certain criteria to apply to receive a remediable service statement sooner has been in place since late 2023.