This document sets out the proposed Final Agreement on the scheme design for the reformed NHS Pension Scheme for England and Wales to be introduced in 2015. The Government have made clear this sets out their final position on the scheme design, which unions agreed to take to their Executives as the outcome of negotiations on scheme design. This includes a commitment to seek Executives’ agreement to the cessation of any industrial action on pension
reform whilst consulting with members. If the proposals are not accepted by a sufficient number of Trade Unions, the Government reserves its position on all aspects of this proposed scheme design.
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