What is the McCloud Remedy? The McCloud Remedy addresses age discrimination introduced during the 2015 reforms to the NHS Pension Scheme.
These changes moved many members to the 2015 scheme while allowing older staff to remain in the 1995/2008 schemes — which created unequal treatment. The McCloud judgment ruled this unfair. Now, affected members can retrospectively choose between the legacy and reformed schemes for the period 1 April 2015 to 31 March 2022.
This remedy ensures eligible NHS staff are not disadvantaged due to their age, and allows them to select whichever scheme provides the most favorable pension outcome for that period.
Continuing pension accrual in the 2015 pension scheme for all members
All members returned to the legacy scheme (1995/2008) who have been impacted by the McCloud Remedy legislation
Member chooses preferred scheme for the Remedy period (2015-2022)
Final Salary Link (Officer) & Dynamisation (GPs) for existing 95/08 benefits remain in place, subject to scheme rules.
Annual Allowance calculations covering remedy period (1/4/2015 – 31/3/2022) will need to be reviewed.
Member will be given choice to keep remedy period benefits in legacy scheme, or take reformed scheme benefits.
You are missing out on an average of
Government will account for all remedy period
(Compensation: 2015/16 to 2018/19, Refund:
2019/20 to 2021/22)
HMRC will collect for 4 full years previous
(Only pay any underpaid charges from 2019/20
onwards)
Available for new charges & old scheme pays elections can be adjusted
(2019/20 AA
Compensation Scheme only applies in England & Wales)
You may be affected by the McCloud Remedy if you meet any of the following criteria:
If these apply, the remedy gives you the right to retrospectively choose which scheme — the Legacy scheme or the Reformed (2015) scheme — applies to your service between 1 April 2015 and 31 March 2022.
This choice allows you to select the option that provides the better long-term outcome for your financial and retirement goals.
When your Remediable Pension Savings Statement (RPSS) arrives, it outlines how your pension growth has changed following the McCloud rollback — and starts your three-month HMRC reporting deadline.
Register through our portal and upload your RPSS. We’ll also request your historic tax data directly from HMRC, so you don’t need to dig through old returns.
Our team will:
This ensures absolute accuracy and protects you from costly mistakes.
We compile everything you need to meet your HMRC obligations on time. And because our fees are covered by the official cost claim-back scheme, there is no cost to you in practice.
It is important to remember:
Featured below are the ones our clients ask for most frequently.
Excellent, swift, open and honest advice provided to help me plan for my retirement in 0years time
Dinesh has been an invaluable source of knowledge and support in all aspects of our financial planning and I regularly recommend him to family, friends and colleagues.
Professional, friendly, very responsive to questions and explained answers to my questions so that I can understand.
Professional, friendly, very responsive to questions and explained answers to my questions so that I can understand.
Featured below are the ones our clients ask for most frequently.
