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Introduction to public sector pensions

The challenge

Defined benefit pensions have always been a key recruitment and retention tool for the public sector. Public sector pension schemes, however, have not been completely immune to the changes prevalent in the private sector. 

All of the public sector pension schemes have undergone a wholesale review resulting in many changes, including the introduction of the "new look" Local Government Pension Scheme in England and Wales from April 2008 (2009 in Scotland), the new NHS Pension Scheme and the "nuvos" section of the Principal Civil Service Pension Scheme. These changes represent a challenge to both public sector employers and private sector employers who take transfers of public sector staff.

How we can help

Eversheds has a dedicated public sector pensions team which has extensive experience in advising on issues affecting all public sector pension schemes as well as public sector issues affecting private sector schemes. Our public sector pensions lawyers work closely with colleagues across the firm including those in the Local Government, Education and Healthcare sector groups.