• Pensions - Second Options Exercise (Part 1 of 2)

  • Aug 4 2023
  • Length: 15 mins
  • Podcast

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Pensions - Second Options Exercise (Part 1 of 2)

  • Summary

  • This is part one of a two part podcast in which we discuss the mechanics and eligibility criteria for Retained / On-Call Firefighters to take part in the Second Options Exercise, and join or extend membership of the New Firefighters Pension Scheme as Special Members. This exercise will provide eligible firefighters to purchase historical pension service from the date they joined the fire service, which in some cases goes back to the mid-sixties!!


    In this first part we explore the legal journey that took almost eight years, which culminated in Retained Firefighters being recognised as 'Part-time workers' under the Part-time Workers Less Favourable Treatment Regulations and achieve parity with their Wholetime colleagues.


    Part one deals with the longstanding myths and misinformation as to who was involved in this process and how much was actually down to the Independent Review by Sir George Bain in 2002.

     

    If you would like to contact the Podcast you can do so via prioritymessage@frsa.org.uk we would welcome your feedback and suggested content for future episodes.

     

    Not currently a member of the FRSA? You can join via our website https://www.frsa.org.uk/join-frsa/

     

    Our socials can be found here - https://linktr.ee/frsa.uk


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