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Department of Health and Social Care launches consultation on changes to the NHS Pension Scheme regulations
The Department of Health and Social Care is consulting on proposals to change the NHS Pension Scheme regulations.
The changes will make survivor benefits in the 1995 Section equal
There are two NHS Pension Schemes, the 2015 NHS Pension Scheme…
Department of Health and Social Care announces extension of retire and return easements
Following a short consultation, the Department of Health and Social Care has announced an extension to retire and return easements to 31 October 2022 through temporary amendments to NHS Pension Scheme regulations.
What was included in the…
Update for employers on NHS Pensions coronavirus (COVID-19) response
In response to the coronavirus (COVID-19) outbreak, we have taken, and continue to take, proactive steps to ensure we support members, employers and colleagues.
This has included introducing a number of easements and changes to processes to…
Department of Health and Social Care confirms changes to Scheme rules for retire and re-join and partial retirement
The Department of Health and Social Care (DHSC) has confirmed that amendments to the NHS Pension Scheme rules will go ahead to help retain more experienced NHS clinicians and remove barriers to staff returning to work following retirement.
The DHSC…
Pensions anti-scamming campaign
Scammers are targeting pension pots of all sizes – help to make sure your savers know how to spot the signs.
Their impact can be devastating. Last year, victims of pension scams lost on average £91,000 each.
The FCA and TPR are urging trustees…
Exceeding Whole Time action required
As the deadline for issuing pensions saving statements approaches please action any SM8’s received.
If the contributions and pay are not amended in line with a reduction in hours/sessions worked, the member may receive an incorrect Annual Allowance…
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…
The Coronavirus Act and the end of temporary suspensions for retire and return
The UK government’s Coronavirus action plan, published on 3 March 2020, set out measures to respond to the COVID-19 outbreak.
This included increasing the available health and social care workforce by removing barriers to allow recently retired NHS…
2021/22 Pension savings statements
We are currently sending pension savings statements to members whose pension benefits have increased by more than the standard annual allowance.
The annual allowance is the maximum amount of tax-free growth an individual’s pension can grow by in…
The NHS Pension Scheme for England and Wales - consultation on draft regulations
The National Health Service Pension Schemes, Additional Voluntary Contributions and Injury Benefits (Amendment) Regulations 2019.
Subject to parliamentary procedure and the outcome of the current consultation, the employer rate is due to rise from…