Search results

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.…

As some of you may be aware, the Additional Pension (AP) calculator is currently not available for purchases over £6,500. For purchases over £6,500, the member must email apavcreferrals@nhsbsa.nhs.uk with their National Insurance number or pension…

Partial Retirement Calculator The Partial Retirement Calculator was released on Tuesday 12 December 2023 and available on the Partial Retirement page of our website until Friday 15 December 2023. We have temporarily taken down the Partial…

We have received a number of enquiries from employers seeking clarification when calculating Notional Whole-Time (NWT) pensionable pay with supplementary payments. Information on how to calculate the Notional Whole Time Total Pensionable Pay is…

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…

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…

Further to an article in the January 2016 Employer Newsletter, we are continuing to consider the system changes required to ensure that the whole time equivalent pay is calculated correctly for part time staff who are in receipt of supplementary…

Since changes to partial retirement were announced earlier this year, we’ve been working hard to make sure our processes, tools, and guidance are updated to support members and employers. As part of this work, the Government Actuary’s Department (…

The issue that was affecting the Partial Retirement Calculator has been resolved. The Partial Retirement Calculator can be accessed from the partial retirement page of the website: Partial retirement | NHSBSA As a reminder, members can use the …

We would like to clarify our current position in regards to providing annual allowance pension savings statements. Recently we have issued annual allowance statements through our automation process, meeting the legislative deadline of 6 October…