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Department of Health and Social Care launches consultation on proposed changes to Scheme Regulations to support McCloud Remedy
The Department of Health and Social Care has announced a consultation on proposed changes to the NHS Pension Scheme Regulations that will be required to put the first part of the McCloud Remedy in place.
What is included in the consultation
The…
Update on the temporary suspension of cash equivalent transfer value (CETV) calculations
Following the change to the discount rate used for public service pension scheme that HM Treasury announced on 30 March 2023, the factors used to calculate CETVs for members transferring out of the Scheme, and calculating CETVs for divorce purposes…
Department of Health and Social Care confirms changes to Scheme rules for retire and re-join and partial retirement
The Department of Health and Social Care (DHSC) has confirmed that amendments to the NHS Pension Scheme rules will go ahead to help retain more experienced NHS clinicians and remove barriers to staff returning to work following retirement.
The DHSC…
Member contribution rate for 2021/2022
We can confirm that there will be no changes to the member tiers and contribution rates for 2021/22. The current member contribution rate tiers will be extended to 31 March 2022.
For more information, go to our Cost of being in the Scheme page.
Department of Health and Social Care launches consultation on introduction of retirement flexibilities
The Department of Health and Social Care has announced a consultation on proposals to amend the NHS Pension Scheme rules to help retain more experienced NHS clinicians and remove barriers to staff returning to work following retirement.
What is…
New guidance for members who may hold or have held enhanced or fixed protection from lifetime allowance charges
On 28 February 2022 HMRC published new guidance for public service scheme members with enhanced or fixed protection.
Lifetime allowance is the total benefits you can build up from all registered pension schemes without incurring a tax charge. Since…
Understanding the effect of the McCloud remedy period rollback on annual allowance
If you're affected by the changes to public service pension schemes, sometimes known as ‘McCloud’ or the Public Service Pension Remedy, you will be asked if you would like to receive legacy scheme or reform scheme pension benefits for your…
Department of Health and Social Care launches consultation on NHS Pension Scheme member contribution rates
The Department of Health and Social Care has announced a consultation on proposed changes to the member contribution rates for the NHS Pension Scheme.
New structure for member contributions
This new member contribution structure will contain new…
NHS and Social Care Coronavirus Life Assurance Scheme 2020 rule changes
Probate
On 18 November 2021 an updated version of the scheme rules was published which includes an amendment to Part 4 (paragraph 6). This allows claimants who are unable to obtain probate to receive benefits from the scheme. Some claimants may be…
Pension Awareness 2023: Learning more
Pension Awareness Week is all about helping to raise awareness of the importance of pensions. Throughout the week we’ll be sharing information on the NHS Pension Scheme, what it is and why it’s so valuable.
Don’t lose track of your pension
It’s…