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Mid-year December refresh of Total Reward Statements
Each year, we create Total Reward Statements (TRS) and Annual Benefit Statements (ABS) for members who are actively contributing to the Scheme.
Your statement is updated after the financial year end at the end of March and made available in mid-…
Extension of voluntary scheme pays 2018/19 deadline
The NHS Business Services Authority is sympathetic to the situation that NHS staff currently find themselves in during the Coronavirus (COVID-19) pandemic and is keen to support members of the NHS Pension Scheme (England and Wales) who are front…
Department of Health and Social Care announces extension of retire and return easements
Following a short consultation, the Department of Health and Social Care has announced an extension to retire and return easements to 31 October 2022 through temporary amendments to NHS Pension Scheme regulations.
What was included in the…
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…
Update on the temporary suspension of cash equivalent transfer value (CETV) calculations
Following the change to the discount rate used for public service pension scheme that HM Treasury announced on 30 March 2023, the factors used to calculate CETVs for members transferring out of the Scheme, and calculating CETVs for divorce purposes…
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…
Department of Health and Social Care launches consultation on proposed Scheme regulation changes for second stage of McCloud Remedy
The Department of Health and Social Care (DHSC) has announced a consultation on proposed changes to the NHS Pension Scheme regulations, which are required to implement the second part of the McCloud remedy.
In 2015 the government made changes to…
NHS and Social Care Coronavirus Life Assurance Scheme 2020 rule changes
Probate
On 18 November 2021 an updated version of the scheme rules was published which includes an amendment to Part 4 (paragraph 6). This allows claimants who are unable to obtain probate to receive benefits from the scheme. Some claimants may be…
Free member events on the NHS Pension Scheme
NHS England is running free of charge NHS Pension Scheme seminars for nurses, midwives and AHPs in late career, those aged 50 or older.
The events cover:
An introduction to the NHS Pension Scheme
The impact of flexible working on pension…
2019/20 Pensions annual allowance charge compensation policy: third window for GP applications in England opens
GPs in England applying to the 2019/20 Pension Annual Allowance Charge Compensation Scheme must have their application form endorsed by Primary Care Support England (PCSE) before it can be processed by the NHS Business Services Authority (NHSBSA).…