Nominations for Surrey Police Federation’s 2024 Recognition Awards In Association with AXON are now open!
We know that many members feel very strongly about issues relating to the pensions trap. On behalf of the PFEW, I can confirm this is heard loud and clear and echoed from your Branch. The National Board and Council are currently exploring all options available to us, and your Branch will update you, our membership regarding next steps. This includes making provision to share advice as we receive it in relation to pensions trap.
As it currently stands, two officers who joined on the same day, with different ages are treated differently by the interactions of the legacy scheme and the CARE pension scheme. It means that the younger officer must choose between working longer to avoid an actuarial reduction on the CARE scheme but also receives an actuarial reduction on their commutation payment. Alternatively, if an officer works to age 55 to avoid the actuarial reduction on the CARE scheme benefits, they will be unable to access their legacy scheme benefits where they would be payable if the officer retired.
This is grossly unfair, and the PFEW is taking advice on all options, including legal routes, as this is a critical issue for members.
Your Branch will update you on progress as they receive it.
Sent on behalf of Calum Macleod, PFEW National Secretary
From 3 - 21 June, PFEW ran a member poll to establish whether there was a mandate to pursue Industrial Rights on behalf of police officers. Specifically, to campaign for a fair process of collective bargaining and negotiation to be established with the government when determining police officer pay.
We are pleased to be able to share the results.
The poll received 50,103 responses with 97.7% in favour of wanting PFEW to campaign for collective bargaining with binding arbitration. This strong mandate from the membership sets us up to negotiate with the new government a fair and binding pay mechanism.
Thank you to those who participated. PFEW’s National Council and National Board will begin creating a campaign for the introduction of a fair and binding pay mechanism on the behalf of our members.
We realise a political agreement to change process can take time, but a new government allows us the opportunity to take a fresh view on those issues that matter most to our members. We will keep you updated with progress.
Calum Macleod, PFEW National Secretary
The Mortgage Hut
Here are the lowest rates we have for residential remortgages at 60% LTV:
2 year fixed rate at 4.79% (Leeds)
3 year fixed rate at 4.81% (Nationwide)
5 year fixed rate at 4.39% (HSBC)
2 year tracker at 6.14% (Co-Op)
Shorefield Holiday Home
Last minute availability in July at a reduced rate of £300.
19-22 July 2024