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Document How is MARS (Mutually Agreed Resignation Scheme) different to compulsory or voluntary redundancy?

MARS (Mutually Agreed Resignation Scheme) is not redundancy and is not linked to our Scheme. It is based around a severance payment made by the employer to the employee. For NHS Pension purposes, a member who accepts MARS has voluntarily resigned from their post.

Any member who opts for MARS can still apply for:

  • Actuarially Reduced Early Retirement (ARER) providing they meet the essential criteria including the minimum pension age and the pension payable is equal to or greater than the guaranteed minimum pension (GMP) or
     
  • Age Retirement if they have at least reached their normal pension age; this includes Special Class and Mental Health Officers (MHO) providing that the usual qualifying conditions are met.

For more information on MARS, please see the NHS Employers website.
 
For further information on ARER visit our website.

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MARS, compulsory, voluntary, redundancy

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