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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…
Changes to final pay controls and how to apply for retrospective charges to be reassessed
The Department of Health and Social Care (DHSC) recently published the outcome of its consultation on proposed amendments to the NHS Pension Scheme Regulations which confirmed changes to final pay controls from the 1 July 2021.
These changes are…
Important information for members who have recently received an annual allowance statement
We have become aware of an error that may have affected some pension savings statements dated between 20 April and 27 April 2022. These statements were issued on 28 April 2022.
As a precaution we are recalculating and issuing new statements to all…
Pension scams
A lifetime’s savings lost in a moment
The Pensions Regulator has warned that pension scams are on the increase in the UK.
Some NHS Pension Scheme members may have already been targets.
‘One off pension investments’, ‘pension loans’ or ‘upfront…
Tax information
Annual Allowance
Employer information required for Annual Allowance
By law, employers must provide NHS Pensions with available pay and membership information to allow Pension Savings Statements to be provided to members. The deadline for 2019/…
NHSBSA email disclaimer
Current email disclaimer
The views expressed by the author may not necessarily reflect the views or policies of the NHS Business Services Authority.
This email and any attachments transmitted with it, including replies and forwarded copies…
Extension of 2019/2020 voluntary scheme pays deadline for members with an annual allowance charge
Extension of voluntary scheme pays deadline 2019/2020 for members with an annual allowance charge
To help support NHS Pension Scheme members who are continuing to deal with the impact of the Coronavirus (COVID-19) pandemic, we have taken the…
Safety, Health and Environment (SHE) Annual Report 2021-22
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Introduction from our Executive Director of People and Corporate Services
This report celebrates what we have achieved during 2021-22. It was another challenging year, but thankfully we did see the end of the UK’s legislative…