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The Scheme Benefits

Benefits are dependent on the section of the scheme you are a member of.

Benefits for 1995 section members

    • A retirement pension based on 1/80th of final years pension pay per year of service.
    • A retirement lump sum of three times your pension with the option to exchange part of the pension for more cash.
    • Life insurance of two years pay while you are working.
    • Pension and allowances for either your legal spouse, registered civil partner, or qualifying partner from the date of your death. Dependant children's pensions are payable until age 23 or longer depending on certain circumstances.
    • Benefits if you have to retire because of permanent ill health.
    • Preserved benefits if you leave pensionable employment before age 60 without being entitled to an immediate pension and you have at least two years qualifying service.
    • Benefits are guaranteed and are based on your pay and service in the scheme.
    • Pensions and allowances are index linked.
    • Pension benefits can be transferred into and out of the scheme, but if you move to another job in the NHS your membership will continue. You may be able to increase your contributions to increase your benefits.

 

Benefits for 2008 section members

    • A retirement pension based on 1/60th of reckonable pay per year of service.
    • Option to exchange part of your pension benefits for cash lump sum at retirement, up to 25% of overall pension value.
    • Life insurance of two years pay while you are working.
    • Pensions and allowances for either your legal spouse, registered civil partner, or qualifying partner from the date of your death. Dependants pensions are payable until age 23 or longer depending on certain circumstances
    • Benefits if you have to retire because of permanent ill health.
    • Preserved benefits if you leave pensionable employment before age 65 without being entitled to an immediate pension and you have at least two years qualifying service.
    • Benefits are guaranteed and are based on your pay and service in the scheme.
    • Pensions and allowances are index linked.
    • Pension benefits can be transferred into and out of the scheme, but if you move to another job in the NHS your membership will continue. You may be able to increase your contributions to increase your benefits.

Link to Scottish Government Website