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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.…
Sharing our performance - January 2018
Our current performance
The table below shows our recent monthly performance for pension award processing:
Our new work management tool continues to greatly assist Service Delivery to manage the monthly…
12 months of stakeholder events
In March 2017 the Stakeholder Engagement Team held their first events for employers. This infographic provides some information about the events that have been held over the last 12 months.
Look out for future event invites and don’t forget to book…
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…
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…
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…
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…
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…