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Additional Pension applications
We are receiving a high volume of incomplete and outdated forms for additional pension.
Can all employers ensure that they are directing members to the additional pension calculator on the additional pension webpage of the Member Hub.
All…
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…
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…
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 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…
Members achieving maximum pensionable membership
When completing SD55 termination form for members who have achieved maximum pensionable membership, are no longer eligible to contribute and have a last day of pensionable membership as the date they achieved maximum membership, the reason for…
Greenbury 2022 Reminder
The Greenbury 2022 window will open on the 4 January 2022 from 9am. Pensions online (POL) will be unavailable between 7am to 9am on the morning of the 4 January to allow for the Greenbury refresh from the previous year to take place. Please do not…