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The third episode of our NHS Pensions podcast is now available. The third instalment delves into the various benefits of the NHS Pension Scheme including additional pension, lump sums, early retirement, and ill health options. The podcast series is…

How we calculate your estimated NHS pension. Officer pension statement We estimate your NHS pension based on your employer's last update of your records. We do this using your: NHS Pension Scheme membership pensionable pay The figure…

There have been many regulations introduced which have changed the NHS Pension Scheme in different ways. A list of all regulations is provided here: The National Health Service Pension Schemes (Amendment) Regulations 2024 (legislation.gov.uk) The…

Information on exchanging part of an annual pension for a lump sum. At retirement, members may be able to exchange some annual pension for a lump sum / larger lump sum. This applies to: 1995 section (except members who left before 1 April 2008…

The recent Department of Health and Social Care (DHSC) consultation on the NHS Pension Scheme confirmed that the transitional approach that has operated since 2019/20 for employer contributions will continue in 2024/25. This means that from 1 April…

The NHS Pensions Operational Finance team has fully transitioned to using a paperless system for processing claims for the re-imbursement of initial or limited survivor pension. We therefore require the FIN9 Claim form in a PDF format for audit…

Since changes to Pensions Online (POL) were implemented in September, we have received a large number of AW8s that have been submitted with either incorrect payable dates or incorrect reasons for retirement. We have also received applications that…

There are 3 main reasons why an annual benefit statement (ABS) may not be available for your members. These are listed below with some examples: There is an issue that needs to be investigated. This could be because: We have a query about the…

Contributions paid to increase benefits qualify for full tax relief. They cannot exceed 100% of your taxable pay. Lifetime Allowance Since 6 April 2006 HM Revenue and Customs (HMRC) has set a Lifetime Allowance limit. This is on tax free pension…