Following regulations for the McCloud remedy which came into effect on 1 October 2023, we are working to offer eligible active members their choice at the point they retire from Summer 2024.
Although maximum service / maximum pension age members are eligible for their remedy choice at retirement, this does not change the position of their membership.
This is because members who achieved maximum membership or maximum pension age were not eligible to transition to the 2015 Scheme, and contributions should have ceased on the date they attained maximum service / maximum pension age.
Therefore, regardless of the member's remedy decision membership in the remedy period (01/04/2015 to 31/03/2022) will always be subject to the regulations of the 1995/2008 Section. If the member chooses 2015 Scheme benefits for the remedy period, it's an equivalent pension that is being paid and the membership does not move.
This means that maximum service / maximum pension age members can only rejoin the 2015 Scheme from 1 October 2023.
Illustration of how a member who attained maximum service / maximum pension age on 30 June 2019 should be correctly implemented:
