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Department of Health and Social Care launches consultation on introduction of retirement flexibilities
The Department of Health and Social Care has announced a consultation on proposals to amend the NHS Pension Scheme rules to help retain more experienced NHS clinicians and remove barriers to staff returning to work following retirement.
What is…
Introducing proposed retirement flexibilities
In December the Department of Health and Social Care announced proposals to change the NHS Pension Scheme regulations to enable NHS staff to work flexibly up to and beyond retirement age.
We included details of the DHSC’s proposals in our December…
Processing 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 changed.
We are now able to…
Pensions Online (POL) Downtime - August 2023
POL will be available throughout August between 7am and 7pm apart from the following dates when there will be downtime for scheduled system maintenance:
Sunday 20 August
If we do need to bring POL down at short notice for urgent maintenance, we…
Submitting a lump sum choice through Pensions Online
When entering a member’s retirement lump sum (part 10 of the paper AW8) in to Pensions Online (POL), you are unable to specify whether the member wishes to receive the maximum lump sum which may incur a tax charge, or whether they wish to receive…
Estimates for members who have membership in the 1995/2008 Scheme with Protection of Pay
Following feedback from both our members and employers, we have made the decision that a member will qualify for a protection of pay estimate free of charge if they:
are over minimum pension age
intend to retire within the next 12 months.
The…
GP Practice stakeholder event
During June the Stakeholder Engagement Team visited Birmingham and hosted two events for GP Practice managers. The events focused on basic administration of the NHS Pension Scheme and consisted of various workshops throughout the day led by…
Submitting the retirement benefit claim form (AW8) on Pensions Online - incorrect payable date
When you are completing the retirement benefit claim form (AW8) on Pensions Online (POL), make sure you have entered the correct payable date. There are a number of common errors when submitting form AW8 via POL:
Input as Age retirement but not…
Duplication of data
A high volume of data is being submitted onto the system when the original input has gone into error.
If the data has already been submitted either by ESR or Pensions Online but information has not processed on the ADP4, please check if the data…
Spaces left for GP practice employer stakeholder event
The NHS Pensions’ Stakeholder Engagement Team has a number of places remaining for a GP practice employer event on Tuesday 5 November 2019.
The event will focus on the administration of the NHS Pensions Scheme, consisting of various workshops…