Employers can adopt a flexible reward offer to support staff impacted by pension tax issues and to help protect the delivery of clinical services.
By working collaboratively with employees and trade union representatives, employers can implement appropriate local solutions to support staff who are affected by pension tax. These local measures would be complementary or in addition to national contracts and the pension scheme regulations.
The local options available for employers to consider are outlined on the below pages. These include options for individuals wishing to remain in the scheme as well as those that decide to opt out.
Employers should take appropriate advice and have assurance that such agreements are lawful and based on strong justifications. Any local agreements, including those that have previously been put in place, should be reviewed regularly to ensure that they remain relevant and in the best interests of both employers and employees.