Absence Due to Trade Dispute Buying Back ‘Lost’ Pension (SR92 Issue 2 Jul 2014)

This guide covers periods of absence from 1 April 2014; other provisions apply to earlier periods.

Absence from duty due to a trade dispute do not count for pension purposes unless, whilst an active member of the scheme, an option to pay an Additional Pension Contributions (APCs) is made.

How is my pension affected?

You will have ‘lost’ pension equal to 1/49th of the pensionable pay you would have received had you not been absent (or half of that amount if you are in the 50/50 section). If you want to buyback the amount of ‘lost’ pension the cost will depend on how old you are when you elect to buy it back and your gender.

If you do not opt to pay Additional Pension Contributions (APCs) the period of absence will not count for pension purposes. This has some potential implications. 

Find out more by downloading the PDF using the download button on the left.