All members in both sectionB - for those who joined between 1 December 1971 and 31 March 1986 - and section C will find that pensions accrued after next April are no longer linked to their final salary, but to their career average salary, which will mean lower pensions for many.
The panel further recommends that the answers to the Internal Review Disclosure Reporting Page Section 5(B) and Termination Disclosure Reporting Page Section 2 in the above Form U5 be expunged and changed to Employment Terminated for Other Reasons.