1. What is the NHS Scotland Pension Remedy Calculator?

The NHS Scotland Pension Remedy Calculator calculates the pension remedy adjustment for McCloud, which addresses age discrimination in public sector pension schemes. It determines the difference between adjusted and original pension amounts.

2. How Does the Calculator Work?

The calculator uses the simple remedy formula:

Where:

• \( Adjusted\ Pension \) — The recalculated pension amount after remedy adjustments (GBP)
• \( Original\ Pension \) — The original pension amount before remedy (GBP)
• \( Remedy \) — The adjustment amount payable (GBP)

Explanation: This calculation ensures fair treatment by compensating for differences between what members received and what they should have received under the remedy solution.

3. Importance of Pension Remedy Calculation

Details: Accurate remedy calculation is crucial for addressing historical discrimination in pension schemes, ensuring members receive correct entitlements, and complying with legal requirements under the McCloud judgment.

4. Using the Calculator

Tips: Enter both pension amounts in GBP. Ensure values are positive numbers representing valid pension amounts. The calculator will compute the difference as the remedy adjustment.

5. Frequently Asked Questions (FAQ)

Q1: What is the McCloud remedy?
A: The McCloud remedy addresses age discrimination identified in public sector pension reforms, allowing affected members to choose between legacy and reformed scheme benefits for the remedy period.

Q2: Who is eligible for NHS Scotland pension remedy?
A: Members who were in service between April 1, 2015 and March 31, 2022, and were moved to the new pension scheme may be eligible for remedy calculations.

Q3: What time period does the remedy cover?
A: The remedy period typically covers April 1, 2015 to March 31, 2022 (7 years) for most affected members.

Q4: How is the adjusted pension calculated?
A: The adjusted pension is recalculated based on the member's choice of scheme benefits for the remedy period, considering career average or final salary arrangements.

Q5: When will remedy payments be made?
A: Remedy payments are being processed gradually, with implementation timelines varying depending on individual circumstances and administrative processing.