There has been an increase in queries from employers relating to pensionable pay for 1995 Section members. We want to provide a better understanding for you of how our processes work for awards and sub awards and help alleviate some your concerns.
Changes were implemented to ensure consistency of process across all pension benefit calculations. This means we no longer require 1995 pensionable pay for active members for awards and revised awards.
Retirement application
Please do not send us pensionable pay (TPP) figures for 1995 Section members. The system calculates the pensionable pay (TPP) for all retirements from the data you provided.
The field to enter pensionable pay (TPP) on POL on the retirement application form (AW8) was removed and we are currently reviewing the paper retirement form to remove this section.
We also ask you not to email the pensionable pay (TPP) figures following submission of the retirement application form (AW8). If we are unable to process the award for any reason, we will request the information we need from you during our initial checks.
Revised retirements (AW171)
In June, we advised you that the final phase of the system functionality to automate the AW171 process was complete and advised employers that the AW171 is no longer required.
Following a completed retirement, submit the SD55E form if there are any revisions to the final details. The form SD55E will automatically trigger a revised retirement workflow which the team will then process. Subsequent changes reflected on ESR will generate revised retirement benefits in the same way unless the pensions override functionality is used.