Health written question – answered at on 15 February 2011.
To ask the Secretary of State for Health what the pension entitlement will be of a member of the NHS Pension Scheme who retires after 30 years' full-time service on a salary of (a) £10,000, (b) £15,000, (c) £20,000, (d) £25,000, (e) £30,000, (f) £40,000 and (e) £50,000 if the pension is uprated in line with (i) the retail prices index and (ii) the consumer prices index.
The NHS Pension Scheme (England and Wales) has two sections. The 1995 section provides a pension of 1/80th pensionable pay for each year of service together with a lump sum of three times the annual rate of pension. For members of the 2008 section, there is no automatic lump sum and the pension provided is based on 1/60th pensionable pay for each year of service.
These annual pension payments will increase annually in line with legislation. We cannot give figures for these increases because we cannot predict the size of future changes in any indexation measure.
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