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The aim of the final pay control regulations in the 1995 Section of the NHS Pension Scheme is to protect the NHS Pension Scheme against the costs of excessive increases in pensionable pay at or before retirement. Employers are charged if they give…

Contribution collection Payment schedule NHS employers have a statutory duty to ensure scheme contributions reach the NHS Pensions’ bank account by the 19th of the month following the month in which the earnings were paid to the member. 2025 to…

Errors on 2023/24 pension savings statements, and clarification of figures on 2023/24 pension savings statements for the 1995/2008 Scheme We are aware of an error on issued 2023/24 Pension Savings Statements. Read our news article 'Error on 2023/…

In Pensions Schemes newsletter 112  (31 July 2019) HMRC have asked schemes to remind members who have exceeded the Annual Allowance for 2018/19 and have an Annual Allowance charge that the charge must be declared on their that they have exceeded…

Further to the NHS Pensions and the Coronavirus Job Retention Scheme (CJRS) article in our June 2020 newsletter, HMRC has published further information as part of their business support during COVID-19, which confirms the way in which the furlough…

GPs in England applying to the 2019/20 Pension Annual Allowance Charge Compensation Scheme must have their application form endorsed by Primary Care Support England (PCSE) before it can be processed by the NHS Business Services Authority (NHSBSA).…

The NHS Business Services Authority is sympathetic to the situation that NHS staff currently find themselves in during the Coronavirus (COVID-19) pandemic and are keen to support members of the NHS Pension Scheme (England and Wales) who are front…

Requests for a GMP test need to be sent via email to nhsbsa.gmptestrequest@nhs.net When requesting a GMP test, the following information is required: •           Intended retirement date •           Notional Whole time Total Pensionable pay…

In November 2019, NHS England and NHS Improvement (NHSEI) announced that clinical staff who go over their annual allowance for the 2019/20 tax year and who use Scheme Pays to pay the tax charge can be compensated in retirement for any reduction to…

Important information for members who have an annual allowance charge for 2018/19: In a Pensions Schemes Newsletter 115 (26 November 2019) article HMRC has asked scheme administrators to remind members who have an annual allowance charge for 2018/…