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Employer contribution rate arrangements to remain for 2020/21
Employer contribution rate arrangements to remain for 2020/21
The NHS Pension Scheme employer contribution rate increased on 1 April 2019 from 14.38% to 20.68%. The Department of Health and Social Care’s consultation response announcing the rise,…
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,…
The public service pensions remedy – McCloud
Contributions to the NHS Pension scheme will change on 1 April 2024
Read our news article for further information, including details of the new contribution rates: DHSC consultation outcome - April 2024 scheme regulation changes | NHSBSA.
In…
Money Purchase Additional Voluntary Contributions (MPAVC)
MPAVC allows you to make more contributions to build a separate retirement fund.
How MPAVC works
The additional contributions you make are invested. They are used to supplement your main scheme benefits at retirement or later.
You can take up to…
Your updated Total Rewards Statement (TRS) or annual benefit statement (ABS) is available now
If you’re a member of the NHS Pension Scheme, your updated Total Rewards Statement (TRS) or annual benefit statement (ABS) is available to view online now.
If your organisation uses Electronic Staff record (ESR), you will be able to use this to…
NHS Trust wholly owned subsidiary companies
Trust Wholly Owned Subsidiary Companies
The Department of Health and Social Care have confirmed that NHS Trust Wholly Owned subsidiaries can apply for access to the NHS Pension Scheme for compulsorily transferring staff, and new starters. Access…
Stakeholder pensions
Stakeholder pensions are an alternative way of saving for retirement.
They are not normally recommended as a main pension for someone who can join the NHS Pension Scheme.
Your employer must offer an NHS stakeholder pension if you cannot join the…
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…
Stakeholder Engagement update
The last 12 months have been an exciting time for the Stakeholder Engagement Team, appointing a further 5 Stakeholder Engagement Managers to build on the support we offer employers nationwide.
We have also seen a steady increase in both the volume…
Pension Awareness Week 2023
Every September, Pension Awareness Week helps to raise awareness of the importance of pensions and improve the financial wellbeing of people across the UK in their retirement.
Throughout the week, we’ll be sharing information on the NHS Pension…