McCloud Rectification webinar

In light of this, we hosted a virtual webinar where our NHS Pensions specialists provided more details on how you can prepare ahead of and following the rectification date.

What was covered

• Whether you are impacted
• The Annual Allowance impact
• If you have opted out of the scheme at any point
• What happens if you do nothing?
• If your costs are covered?
• What to do now?

Catch up on the session

Those impacted by the McCloud rectification date must meet all the following conditions

• Had a pension service during the remedy period (1 April 2015 to 31 March 2022)
• That pensionable service was in a legacy section of the Scheme, or in the 2015 Scheme (but would have been in the legacy section if not for the discrimination)
• Were in a pensionable service under a legacy section of the Scheme on or before 31 March 2012 (and have not since had a disqualifying gap before starting pensionable service during the remedy period)
• Where there is more than one period of pensionable service during the remedy period, there must not be a disqualifying gap between periods for the subsequent periods to count as remediable.

A disqualifying gap is defined as more than five years where it is between another public sector scheme and the NHS Pension Scheme, or five years or move between NHS Pension Schemes.

How we can help 

If you have received a “brown envelope” or RPSS we can help assess if you need to use the full HMRC service, help obtain the detailed information needed for the calculations and complete the HMRC Digital Service on your behalf to make sure that you have correctly declared any amended tax charges.

Complete the form to register your interest in the service and receive details of the next steps required.

Complete the form