Eligibility to join the DC Arrangement

Employees* who are new to the public sector and whose Employer offers the DC Arrangement. Please note that not all employers will offer the DC Arrangement. Eligibility is strict it is only open to new employees to the public sector and this applies across all Public Sector Employers.

*For a new employee to be eligible:         

1. The employment is pensionable (this  means the Employer has agreed that the post is eligible for membership of a public sector pension scheme and the Employer will pay a contribution up to 15% of your pensionable pay towards your pension); and  
2. The individual is not currently employed as a public sector employee in another pensionable employment regardless of whether they chose to opt out of the scheme or not**; and
3. If previously employed, they have had a break of employment of 31 days or more; and   
4. The individual is not a pensioner member of a public sector pension scheme that is managed by the PSPA. Local Government and IOM Post Office schemes are excluded.  

To join the DC Arrangement employees must make a choice, taking into account the advice and recommendation of MAC Financial or their own adviser.

**Employees who take up an additional post who have already had the choice of DC Arrangement or DB Scheme will not be eligible for the same choice again. Any subsequent additional pensionable post will be covered by whatever pension saving option the employee chose at outset.