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Non-Pensions Online (POL) annual update – deadline approaching
All employing authorities (EAs) are required to submit end of year information to NHS Pensions on an annual basis. Our Data Management Team sent the prepopulated spreadsheet to the main EA contact in March. This has been partially prepopulated and…
Factor change for redundancy 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 the capitalised cost for redundancy and interest of efficiency of the service have changed.…
Department of Health and Social Care launches consultation on proposed continuation of retire and return easements
The Department of Health and Social Care has announced a consultation on proposals to extend retire and return easements to 31 October 2022 via temporary amendments to NHS Pension Scheme regulations.
What is included in the consultation
The…
Reminder of the Department of Health and Social Care (DHSC) extension of retire and return easements including abatement
A reminder that following a short consultation, DHSC announced an extension to retire and return easements to the 31 October 2022 through temporary amendments to NHS Pension Scheme regulations.
DHSC proposed a continuation of the temporary…
2022/23 Estimate of Pensionable Income - GP practices and APMS contractors
The Estimate of Pensionable Income form for 2022/23 is now available on the practitioner webpage, located in our Member Hub. We are sorry for the delay in publishing, this was due to us awaiting the outcome of DHSC’s consultation on changes to…
End of Year Certificate 2018-19
This only applies to Independent Provider and New Fair Deal employers. The certificates will be available for the financial year 2018-19 in early July and employers will be emailed directly regarding this. The certificates will also be available…
2024/25 payment schedule for NHS Pensions
NHS employers have a statutory duty to ensure that scheme contributions reach the NHS Pensions bank account by day 19 of the month following the month that the earnings were paid to the member. When day 19 falls on a weekend or a bank holiday…
Total Reward/Annual Benefit Statement mid year refresh
Following the mid year refresh, Total Reward and Annual Benefit Statements are now available for all organisations. Employees will only receive a statement if they were an NHS employee on or before 31 March 2017.
The statements can be accessed…
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…
Information for employers on changes to early and late retirement factors
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 early and late retirement factors from the scheme have changed. These have been implemented…