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Level 1 GP practice manager training dates – September 2022
There are level 1 GP practice manager training events in September 2022, presenting educational training tailored for practice managers.
The events will be delivered virtually via Microsoft Teams and is in two parts. The second session needs to…
The 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, with partial retirement…
The 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 …
Updated partial retirement supplementary form and factsheets now available
We have made updates to the partial retirement factsheet and form based on feedback. You can download the updated partial retirement supplementary form from the Employer forms section of our Employer hub.
The changes to the pension benefits section…
Remuneration and Nominations Committee Terms of Reference
Published March 2024.
Constitution
The Remuneration and Nominations Committee is formally established as a Committee of the NHS Business Services Authority (NHSBSA) Board . The Board will determine its terms of reference and any delegated…
Adult dependant's pension
In the event of your death, a lump sum and pension may be paid to your surviving spouse, registered civil partner, qualifying partner or nominated recipient.
We may pay an adult dependant's pension to:
your surviving spouse
your registered…
Bigger lump sum purchase
This is only for people who were members of the Scheme before 25 March 1972 (1995 Section only).
It applies to anyone who either:
is or has been married
has a civil partner
has a surviving Scheme partner
The person must be nominated to…
Tax implications
Contributions paid to increase benefits qualify for full tax relief. They cannot exceed 100% of your taxable pay.
Lifetime Allowance
Since 6 April 2006 HM Revenue and Customs (HMRC) has set a Lifetime Allowance limit. This is on tax free pension…
Annual Allowance update
This year the Annual Allowance team have experienced a much higher receipt of work requests than in previous years. Particularly, the requests for ‘On-Demand’ statements have doubled and more recently we have been unable to meet the three month…
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,…