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2009 News

Firefighter  Pension Scheme commutation factors (10 September 2009)

The Minister for Community Safety announced today that the commutation factors for the Firefighters Pension Scheme (FPS) will be backdated to 22nd August 2006.  These factors apply only to the “old” scheme which was closed to new members from 6th April 2006. This follows consideration of the judicial review decision applied in England and Wales for the police pension scheme which determined that the factors should be applied from the date they were first provided by the scheme actuary.  In the case of the FPS these factors were first provided on 22th August 2006.

Full details of what action needs to be taken on this particular issue are included in [Fire circular 2009/10]

 

Link to Scottish Government Website