
Nhs pension opt out: can you opt out of the nhs pension scheme?
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She adds: "The whole package of being a member of the NHS Pension Scheme is extremely valuable, but is under-valued by a lack of understanding and awareness of what members'
contributions are really paying for, how much the Government adds and the benefits the scheme provides. "It is clear from the eye-watering opt-out rates that there is a huge need for
NHS employees to be provided with financial education or advice, so that they can make informed decisions about their pension scheme." The 2008 section of the NHS Pension Scheme allows
normal age retirement at age 65. Members can opt for voluntary early retirement from age 55, however, benefits will be reduced to cover the extra cost of receiving a pension for a longer
period.