Police has announced its intention to change the scheme rules to give you flexibility around what percentage of your pay, if any, you contribute to the scheme. The changes will only apply to recruits and constabulary members. The default rate will remain 7.5% of salary, so you won’t need to do anything if you want your contributions to continue as they are now. The changes require approval from the Financial Markets Authority and the trust deed will need to be updated. Police intends to have these changes in place in early 2025. We will be in touch then to let you know how to change your contributions if you wish. Mercer’s financial advice team will be available to help you work through your options. In the meantime, please contact your Payroll Officer if you have questions about the changes.