Search results
Showing: 10 of 88
Total Reward and Annual Benefit Statements mid year refresh plans – October 2017
For the second year we are planning to carry out a mid year refresh of statements and the data cut will be taken over the weekend of 14/15 October 2017. This means any data amendments will have to be made by 7pm on Friday 13 October 2017. The…
New employer guides available
A new abatement basic overview guide for employers is now available on our website. The guide has been created to help employers understand when abatement applies for re-employed pensioners and how we calculate the figures.
A basic administration…
TRS refresh - update on statement availability
There are three main reasons why a pension statement may not be available. These are listed below, with just some examples of why this may be the case.
There is a data issue that needs to be investigated
Examples include:
an outstanding data…
Further update on annual allowance statements
Further to guidance issued on 10 October 2019, we would like to update members on annual allowance statements.
We issued annual allowance statements through our automation process, meeting the legislative deadline of 6 October 2019. However, we…
Final pay controls reassessment update
The final pay controls (FPC) team received 1,416 applications for reassessment, with 881 of these received in December 2021 alone.
The team have completed 60% of all reassessments received so far and are working hard to complete the remainder as…
Department of Health and Social Care confirms change of date of annual 2015 Scheme pension cost of living review
Each year, 2015 Scheme pensions for members who are still actively contributing are reviewed to keep up with the rise in cost of living. The 2015 Scheme pensions are reviewed using the Consumer Price Index (CPI) in the year before, plus an…
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 Statements / Annual Benefit Statements
The refresh of statements for this year is going according to plan, the pension calculations completed on schedule. The data has been passed to ESR for them to carry out the match and merge, and statement upload processes.
The aim is for the 2017…
Payments for Clinical Director duties
We have recently received a number of queries in relation to clinical director duty payments.
The regulations state that a member’s pensionable earnings are:
salary
wages
fees, and
other regular payments
made to the member in respect of…
Total Rewards Statements & Annual Benefit Statements refresh
The TRS & ABS mid-year refresh is underway and the data cut was taken on Friday 11 October 2019. The pension calculations and checks are now complete and the data was transferred to ESR on Friday 1 November 2019.
We expect to be able to make…