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NHS Pension contributions remittances
For those Employing Authorities who do not utilise or have not onboarded the Making Contribution Payments (MCP) or (Pensions Online) POL platforms we would like to remind you to include a payment remittance when submitting your contribution payments…
Partial retirement calculator is available
The issue that was affecting the Partial Retirement Calculator has been resolved.
The Partial Retirement Calculator can be accessed from the partial retirement page of the website: Partial retirement | NHSBSA
As a reminder, members can use the …
Service Improvement and Development Board
The Service Improvement and Development (SID) board takes place quarterly and is attended by the chairs of the Regional Employer Groups. The group was set up following the introduction of the administration levy and provides a platform for employers…
Overpaid Employer Contribution Rate 2019/20
Further to the communication in the March employer newsletter where we advised that all employers should continue to remit 14.38% employer contributions to the Scheme, it has come to our attention that a number of employers have paid more than 14.38…
Annual Allowance extension of voluntary scheme pays facility from tax year 2017/18
Members are liable for an annual allowance charge if their total pension growth - across all their pension schemes in a tax year, shown on their annual allowance pension savings statement as their pension input amount - is more than their available…
Holiday closure: Pensions Finance office
Over the holiday period, the NHSBSA Pensions Finance office will be closed on the following dates:
Wednesday 25 December
Thursday 26 December
Friday 27 December
Wednesday 1 January
Please note, we will not be collecting Pension Contributions…
Completing retirement application form AW8/AW8P: Which form should I use?
We've created an easy to follow table to help employers decide which form to complete on a member’s retirement.
Completing retirement application form AW8/AW8P: Which form should I use? (PDF: 42KB)
Additional Pension Calculator
As some of you may be aware, the Additional Pension (AP) calculator is currently not available for purchases over £6,500.
For purchases over £6,500, the member must email apavcreferrals@nhsbsa.nhs.uk with their National Insurance number or pension…
Factor change for redundancy calculations
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 the capitalised cost for redundancy and interest of efficiency of the service have changed.…
Joiner and eligibility guides for employers
Eligibility for active and deferred members joining (for the first time) or re-joining the NHS Pension Scheme
We have published a new guide for employers on our website which provides guidance for active and deferred members when joining (joining…