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Member contribution changes on GP forms
To coincide with the changes to member contribution rates from the 1 October 2022, we have published a number of new GP forms for use from the 1 October. These include:
GP Locum Form A – for use from 1 October 2022 to 31 March 2023
GP Locum Form…
Temporary suspension of cash equivalent transfer value (CETV) 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 transfer values for non-Club transfers and pensions on divorce will change.
We have been…
Revised employer Scheme access guidance for ARRS and PCN direct hires working on DES
New guidance is available for employers for direct hire Additional Roles Reimbursement Scheme (ARRS) employees and direct hire Primary Care Network (PCN) employees working on the Network Contract Directed Enhanced Services (DES).
The guidance has…
Total Reward Statements / Annual Benefit Statements
The refresh of statements for this year is going according to plan, the pension calculations completed on schedule. The data has been passed to ESR for them to carry out the match and merge, and statement upload processes.
The aim is for the 2017…
Employer contribution rate arrangements to remain for 2020/2021
The NHS Pension Scheme employer contribution rate increased on 1 April 2019 from 14.3% to 20.6%, plus an employer’s levy of 0.08%.
The Department of Health and Social Care’s consultation response announcing the rise, published in March 2019,…
Non POL Update
Many thanks for those employers who have returned their Year End Spreadsheets for 2019/20 prior to the regulatory deadline on 31 May 2020.
We continue to process these spreadsheets and endeavour to complete our processing in time for the August…
Further update on 2021/22 NHS Pension Scheme employer contribution rates
Further to the announcement in our January edition of the Employer Update, that the transitional arrangement for the increase of employer contributions will continue during 2021/2022, it has been confirmed that this arrangement will continue for…
31 March 2022 deadline approaching for 2019/20 Pension Annual Allowance Charge Compensation Scheme
The 31 March 2022 deadline for eligible clinicians to submit an application to the NHS England and Improvement (NHSEI) or NHS Wales 2019/20 Pension Annual Allowance Charge Compensation Scheme is approaching.
To apply to the Scheme, eligible…
Partial retirement update
Partial Retirement Calculator
The Partial Retirement Calculator was released on Tuesday 12 December 2023 and available on the Partial Retirement page of our website until Friday 15 December 2023.
We have temporarily taken down the Partial…
Pensions Online - Submitting employer comments
In Employer Newsletter 9 – September 2017, we asked that when submitting an employer comment on Pensions Online (POL), you ensure information is provided to enable us to clear the error.
We are still receiving a high volume through without…