Guidance

Security of pension benefits: Differences between Public Service and private sector schemes

Staff transferred from the public service to the private sector as part of a PFI or PPP exercise will usually be subject to a change in their pension arrangements.

Documents

Differences between public service and private sector schemes

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Details

There are a number of issues which individuals will need to consider before reaching a decision on whether or not to transfer the pension they have built up. Two of the factors which they should take into account are any change in the method used to provide pension benefits and the level of security of their benefits following a transfer.

Published 1 October 2006