The NHS Employers website has information on the ‘McCloud remedy’ including how it interacts with scheme benefits and pension taxation. The Ready Reckoner does not implicitly allow for the McCloud remedy.
2024/25 contribution
The table below shows the breakdown of the contribution paid to the Scheme by you and your employer.
The figures shown include any AP contribution paid by you in 2024/25.
After allowing for tax relief your effective or 'Net' contribution is shown in dark blue.
Member |
Net | |
|---|---|---|
| Income tax relief | ||
| Gross | ||
| Employer | ||
| Total contribution | ||
If you were to opt out of membership of the Scheme your take home pay would increase by your net contribution but you would lose out on all of the Employer contribution.