Remedy Crossword

5. Allowance, the total amount anyone can build up in pension savings without incurring a tax charge.
6. Gap, A period longer than five years in which a member has not been in employment or has not been gaining pensionable service in either the legacy or reformed pension schemes.
7. Allowance, the most anyone can save in all their personal pensions in a single tax year before tax is due to be paid on pension savings.
10. Member, a scheme member who has a period of remediable service in a pension scheme
12. Period, begins on 1 April 2015 and ended on 31 March 2022.
14. Career Average Revalued Earnings
15. Benefits, the guaranteed minimum retirement income for members regardless of how much they’ve paid in to the scheme.

1. Protection, members within 10 years of their schemes’ normal retirement age could remain in their legacy schemes
2. Pension Age, the lowest age at which you can take your pension benefits.
3. gap, a period of more than 5 years before scheme membership
4. Schemes, the pension schemes in place prior to the 2015 pension reforms.
8. Choice Underpin, the method to correct the discrimination found in the 2015 pension reforms.
9. Service, the amount of time (hours/days) you spend at work that counts towards your pension.
11. Linked Pension, pension where the value increases annually dependent on inflation rates.
13. Protection, members not quite within 10 years of their schemes’ normal retirement age could join the new CARE pension schemes later