Search results
Showing: 10 of 72
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…
Pensioner hub
Coronavirus (COVID-19) guidance and measures
The Department of Health and Social Care (DHSC) has announced it is extending the retire and return easements beyond the 31 October 2022:
the 16-hour rule will be permanently removed from 1 April 2023…
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…
Understanding if your NHS Pension is affected by changes to public sector pensions
Only some members will be affected by the changes.
You’re affected if you joined a public service pension scheme on or before 31 March 2012 and:
you had pensionable service between 1 April 2015 and the 31 March 2022 (or your retirement date if…
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…
Individual earnings margins being issued ahead of temporary suspension to regulations on retire and return ending
Article originally published 18 January 2022. Link to partial retirement factsheet restored.
The Department of Health and Social Care has announced that the government’s Coronavirus Act 2020 setting out measures to respond to the COVID-19…
Overpaid Employer Contribution Rate 2019/20
Further to the communication in the March employer newsletter where we advised that all employers should continue to remit 14.38% employer contributions to the Scheme, it has come to our attention that a number of employers have paid more than 14.38…
Non-Pensions Online (POL) Annual Update
All employing authorities are required to submit end of year information to NHS Pensions on an annual basis.
Our Data Management Team will send the prepopulated spreadsheet to the main EA contact week commencing 16 March 2020. This will be…