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Allocation - Retirement Flexibility
Allocation is a retirement flexibility that is available to all members of the NHS Pension Scheme.
Following a review of the enquiries we receive about allocation, it was evident that we needed to make the application process and available guidance…
Final pay controls
The aim of the final pay control regulations in the 1995 Section of the NHS Pension Scheme is to protect the NHS Pension Scheme against the costs of excessive increases in pensionable pay at or before retirement.
Employers are charged if they give…
Pension Awareness 2023: Getting started
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.
If you’ve just recently joined the NHS…
Partial retirement calculator - latest information for members
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 Department of Health and Social…
Pay and contributions
Information about calculating member pay, protection of pay and contribution tiers.
Pay
What counts as pensionable pay
Pensionable earnings are determined by the member's employment or engagement terms.
Certain earnings are included or excluded…
Rollback of remedy period service
Every Public Service Pension Scheme is working through significant complexity to put in place the Public Service Pensions Remedy for all affected members
As the largest Scheme, the NHS Pension Scheme has made substantial progress towards…
Mid-year December refresh of Total Reward Statements
Each year, we create Total Reward Statements (TRS) and Annual Benefit Statements (ABS) for members who are actively contributing to the Scheme.
Your statement is updated after the financial year end at the end of March and made available in mid-…
A reminder on maximum service / maximum pension age membership and McCloud
Following regulations for the McCloud remedy which came into effect on 1 October 2023, we are working to offer eligible active members their choice at the point they retire from Summer 2024.
Although maximum service / maximum pension age members…
Money Purchase Additional Voluntary Contributions (MPAVC)
MPAVC allows you to make more contributions to build a separate retirement fund.
How MPAVC works
The additional contributions you make are invested. They are used to supplement your main scheme benefits at retirement or later.
You can take up to…
Reasons for overpayment
Overpayment of an NHS Pension can happen for a number of reasons.
These include, if you're a:
surviving spouse or partner
child dependant
re-employed pensioner
or your pension has been revised
Surviving spouse or partner
There may have…