PSI6.3.7 - Total Benefits on Retirement at Normal Retirement Age: Normal Retirement Age - Supplementary Schemes

(This archived guidance relates to HMRC discretionary practice before the 6th April 2006. For current guidance on Registered Pension Schemes see the Registered Pension Schemes Manual)

[PN6.9]

An employee who is a member of more than one scheme of the employer should normally have a common NRD under all schemes. An exception to this requirement is allowed (subject always to the conditions of PSI6.3.14) for an employee who belongs to both the employer's main scheme and a supplementary scheme. Supplementary schemes are normally used to augment benefits for particular employees in senior grades above those provided in the main scheme for ordinary employees. An additional scheme of this kind can therefore adopt an NRD at which its membership will actually retire, even if that differs from the NRD under the main scheme. In this situation, provided you have obtained evidence from the scheme practitioner that the NRD under the supplementary scheme is the date at which the employee is expected to retire, that date may be accepted as the employee’s NRD under both schemes.

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