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Annual allowance
The annual allowance has changed
On Wednesday 15 March, the Chancellor of the Exchequer, The Rt Hon Jeremy Hunt MP announced changes to the annual allowance in the government’s Spring Budget. We will be updating the content on this web page…
Temporary suspension of cash equivalent transfer value (CETV) calculations
Following a change to the discount rate used for public service pension schemes that HM Treasury announced on 30 March 2023, the factors used to calculate transfer values for non-Club transfers and pensions on divorce will change.
We have been…
Exceeding Whole Time action required
As the deadline for issuing pensions saving statements approaches please action any SM8’s received.
If the contributions and pay are not amended in line with a reduction in hours/sessions worked, the member may receive an incorrect Annual Allowance…
Understanding the effect of the McCloud remedy period rollback on annual allowance
If you're affected by the changes to public service pension schemes, sometimes known as ‘McCloud’ or the Public Service Pension Remedy, you will be asked if you would like to receive legacy scheme or reform scheme pension benefits for your…
Improving your year-end data processing
The accurate and timely updating of NHS Pension records reduces data cleanse effort and ensures up to date information is reflected in Total Reward Statements, Annual Benefit Statements and Annual Allowance Statements. Taking action now to clear…
COVID-19 Update on 2020 Refresh and Non Pensions Online (POL) Annual Updates
This year’s TRS data cut for the annual refresh will take place after 7 pm on Friday 19 June 2020 with refreshed statements being made available by the end of August 2020.
Our NHS Pensions team will be working hard to try and ensure that as many…
TRS Refresh 2020
The TRS data cut for the annual refresh will take place after 7pm on Friday 19 June 2020, with refreshed statements available by the end of August 2020.
The data cut will capture successfully updated records up to and including 31 March 2020.…
NHS Pensions Member Events for 2022
Throughout this year, a number of events are available for members of the NHS Pension Scheme to provide more clarity on what the Scheme is and what you are entitled to.
This page contains details of our events in May 2022. You can find details of…
Pension Awareness 2023: Getting started
Pension Awareness Week is all about helping to raise awareness of the importance of pensions. Throughout the week we’ll be sharing information on the NHS Pension Scheme, what it is and why it’s so valuable.
If you’ve just recently joined the NHS…
Requests for information from employers for data queries
We are currently reviewing how we request information for member’s records with missing data or to amend incorrect data. The accuracy of this data is essential to ensure members can access up to date Total Reward Statements, Annual Allowance…