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Annual Allowance update
This year the Annual Allowance team have experienced a much higher receipt of work requests than in previous years. Particularly, the requests for ‘On-Demand’ statements have doubled and more recently we have been unable to meet the three month…
Payment of pensions after opting out of the NHS Pension Scheme
Following the article published in July, we have received a number of queries from employers and we felt that further clarification was necessary.
Checking the payable date
Opted out less than 5 years ago
Member has opted out less…
Ill Health Applications – Coronavirus (COVID-19) arrangements
NHS Pensions is continuing to receive applications for;
The Consideration of Entitlement to Ill Health Retirement benefits (AW33E)
The Consideration of Entitlement for Early Payment of Deferred Benefits due to Ill Health (AW240)
Due to the…
Employer Information required for Annual Allowance
Employers are required in legislation to provide information to NHS Pensions which enables Pension Savings Statements to be provided to members. This statement informs members whether they have exceeded the Annual Allowance limit in the NHS Pension…
Pensions Online – Error Handling
Pensions Online (POL) error handling has a facility for employers to submit a comment on an error, to the NHS Pensions Data Management Teams. Employers are asked to submit comments where additional information can be provided to enable NHS Pensions…
Exit Code 16 - Opted out of the Scheme
Employers are reminded of the importance of using the correct termination code when closing down a pension record normally from the beginning of the next pay period.
Exit code 16 should be used for all cases where the member continues to work but…
Part 10 of the retirement application form AW8 - lump sum choice
We have noticed an increase in the number of requests from employers received on behalf of the members, to change the decision in relation to their lump sum choice when completing the retirement application form AW8.
We are therefore asking…
Employer reminder - annual allowance information required
Employers are required in legislation to provide information to NHS Pensions which enables pension savings statements to be provided to members. This statement informs members whether they have exceeded the annual allowance limit in the NHS Pension…
Updated Contact Details for NHS Pension finance teams
As the NHSBSA has recently undergone an email migration, the contact details for NHS Pensions Finance Operations teams have changed.
For the Employer Accounts Team, please contact us via:
Telephone: 01912671440
Email: pensionsfinance@nhsbsa.nhs.uk…
Pensions Online (POL) year-end update event 23 April 1pm to 2:30pm
Sign up to our LIVE event on Tuesday 23 April 1pm to 2:30pm on Eventbrite: https://www.eventbrite.co.uk/e/855896468377?aff=oddtdtcreator
This event is for employers that only have access to POL.
We will:
show you how to complete the…