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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…
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…
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…
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…
Non-Pensions Online (POL) annual update
All employing authorities (EAs) are required to submit end of year information to NHS Pensions on an annual basis. You must submit this information to NHS Pensions by 31 May.
If you use Pensions Online (POL) you should submit this year end…
Understanding the effect of the McCloud remedy period rollback on annual allowance - information for employers
Members affected by the changes to public service pension schemes, sometimes known as ‘McCloud’ or the Public Service Pension Schemes’ Remedy, will be asked if they would like to receive legacy scheme or reform scheme pension benefits for their…
GP Practice Manager training for November 2023 - April 2024
Our next Level 1 and Level 2 GP practice manager events include educational training tailored for practice managers, delivered virtually via Microsoft Teams.
Practice managers need to attend the whole training session to receive a Continued…