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Department of Health and Social Care launches consultation on introduction of retirement flexibilities
The Department of Health and Social Care has announced a consultation on proposals to amend the NHS Pension Scheme rules to help retain more experienced NHS clinicians and remove barriers to staff returning to work following retirement.
What is…
Important news if you've received a 1995/2008 Scheme pension savings statement for 2023/24
You may have received a 1995/2008 Scheme pension savings statement showing a pension input amount for tax year 2023/24 in brackets, ‘£(10,987.60)', for example. This means that the figure is a negative pension input amount.
You need to read the…
Final pay controls
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…