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Remuneration and Nominations Committee Terms of Reference
Published March 2024.
Constitution
The Remuneration and Nominations Committee is formally established as a Committee of the NHS Business Services Authority (NHSBSA) Board . The Board will determine its terms of reference and any delegated…
Annual Allowance information deadline date
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…
NHS and local authority reforms
We provide prescribing and financial information relating to the provision of pharmaceutical services. We also calculate payments that are due to dispensing contractors in primary care.
Organisational changes and new arrangements for commissioning…
Important changes to application forms
The following forms have recently been updated to include an additional option within the applicant’s declaration and consent section.
Consideration of entitlement to ill health retirement claim form (AW33E)
Consideration of entitlement for…
Pay
Information about how your pay is used to calculate your benefits.
Officer pension statement
In the 1995/2008 Scheme, we calculate your benefits for the NHS Pensions Scheme:
using your ‘final year’s pensionable pay’ for the 1995 Section…
Important changes to application forms
The following forms have recently been updated to include an additional option within the applicant’s declaration and consent section.
Consideration of entitlement to ill health retirement claim form (AW33E)
Consideration of entitlement for…
Tax implications
Contributions paid to increase benefits qualify for full tax relief. They cannot exceed 100% of your taxable pay.
Lifetime Allowance
Since 6 April 2006 HM Revenue and Customs (HMRC) has set a Lifetime Allowance limit. This is on tax free pension…
Non POL update
Our non POL update process is now well underway and we wanted to provide employers with an update on our activities so far.
• We have currently received 14.69% of the spreadsheets we are expecting from employers.
• The Stakeholder Engagement Team…
Annual Allowance Information Deadline Date
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…
Career break guidance
A number of cases have come to light whereby a member has been offered a career break immediately following sick leave. Career breaks should not be used instead of sick leave, or to prevent the member accruing disallowed days. Where a member has…