Providers of services to the public sector are usually required, by operation of government guidance, to participate in public service schemes (such as the NHS Pension Scheme and the Local Government Pension Scheme) in order to protect transferring employees’ rights to retirement benefits. The process of participation and the risks involved in such participation can be complex and, if not dealt with properly, expensive.
The pensions team is able to help employers understand and, through understanding, manage the risk and the complexity that is involved in providing retirement benefits through public service pension schemes.
We are able to advise public and private sector clients who participate in or who are involved in the administration of public service pension schemes such as the NHS Pension Scheme, the Teachers’ Pension Scheme and the Local Government Pension Scheme. As regards participation in those schemes, the team provides an innovative service, Streamline, through which admission or participation agreements can be reviewed, negotiated and finalised for a fixed fee.
Download our pensions at a glance document here.
Download the streamline guide
A fast, reliable and low-cost review and negotiation solution for private sector companies which contribute to public service pension schemes.