CIRC 002: ROLLBACK ANNUAL BENEFIT STATEMENT 2024

MyCSP confirmed that the Rollback Annual Benefit Statements 2024 for members with a deferred choice underpin 2024 would not be issued.

Rollback is the term used for transferring any service during the Remedy period (01/04/2015 – 31/03/2022) from alpha benefits back into PCSPS benefits.

A combined 2024 / 2025 Rollback Annual Benefit Statement will be issued in August 2025.

Serving Members are advised that they should not delay any intention to retire due to the lack of a 2024 Annual Benefit Statement.

If members are contemplating retirement in 2025, they should still apply to MYCSP giving at least 3 months’ notice of intended retirement date.

MyCSP will provide a full benefit quote, including the options / details in relation to the deferred choice underpin, the deferred choice underpin is your opportunity to select which scheme your pension benefits accrued during the remedy period 01/04/2015 – 31/03/2022 will be paid, it is referred to as Option A or Option B 

All queries relating to this and any other pension issues should be directed to the pensions scheme administrator MyCSP on 0300 123 6666.


https://www.civilservicepensionscheme.org.uk/about-us/contact-us/

Yours sincerely

 

 

MICK PIMBLETT
Deputy General Secretary

 

Representing over 30,000 Prison, Correctional and Secure Psychiatric Workers, the POA is the largest UK Union in this sector, able to trace its roots back more than 100 years.