Have you received a letter from the NHS Pension Agency regarding changing the decision you made about your pension when the 2015 scheme was first introduced? This is called ‘Choice 2 revocation’ and there is just a few months to decide what action to take.

There is also very little information coming from the Pensions Agency regarding the important figures you might need to make the decision.

The original ‘Choice’ exercise gave all eligible members of the NHS pension the option to move from the 1995 section into the 2008 section when it was introduced. Then, when the 2015 section was launched, ‘Choice 2’ gave members who had remained in the 1995 section another opportunity to move.

Members now have the option to reconsider their original ‘Choice 2’ decision. This is because they may have moved to the new sections believing they offered more retirement flexibility in the future – but can now access those flexibilities anyway.

You therefore need to decide if you moved your 1995 section benefits to the 2008 section, would you like to move the benefits back? And you must tell NHS pensions by 20th May 2024 if so.

Do you have all the details you need to make your decision? While many will benefit from reversing the action, there are some caveats to consider.

If you need specialist advice on this or any other NHS matter, please email thedoctorsclub@chmap.co.uk or call 020 7252 5765 and quote ‘Doctors Club’ for a free initial consultation.