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Calculating the Life Assurance Lump Sum (LALS) for members who die in pensionable employment following partial retirement
The life assurance lump sum (LALS) payable following members who die in pensionable employment, and have previously retired on partial retirement, is calculated differently.
We have added guidance and some examples of how LALS is calculated within…
TRS update for partially retired members
As you know, Total Reward Statements (TRS) and Annual Benefit Statements (ABS) are updated in August each year.
This year, members who are already receiving some of their pension benefits will not receive an updated Annual Benefit Statement. These…
New NHS Pensions member events for NHS dental practitioners
A new series of NHS Pensions member events are now available specifically for NHS dental practitioners who are part of the NHS Pension Scheme.
The events aim to provide more clarity on what the Scheme is and the benefits that members are entitled…
Understanding the effect of the McCloud remedy period rollback on annual allowance - information for employers
Members affected by the changes to public service pension schemes, sometimes known as ‘McCloud’ or the Public Service Pension Schemes’ Remedy, will be asked if they would like to receive legacy scheme or reform scheme pension benefits for their…
ESR Fatal Errors Reminder - September 2023
Prior to NHS Pensions processing data received from ESR, checks are made to determine that the data is in the required format and meets the criteria provided to enable successful processing and updating of member records.
If data is not in the…
NHS Pension Scheme employer contribution rates 2024/25 – DHSC
The recent Department of Health and Social Care (DHSC) consultation on the NHS Pension Scheme confirmed that the transitional approach that has operated since 2019/20 for employer contributions will continue in 2024/25. This means that from 1 April…
Total Reward and Annual Benefit Statements - normal pension age
You may be receiving enquiries from some members of the 2015 Scheme who have transitioned from the 1995 Section who have a normal pension age of 55 in the 1995 Section and their Total Reward or Annual Benefit Statement is stating a normal pension…
TUPE and claiming benefits
If a member wants to retire during a TUPE consultation or pending a TUPE, a 24 hour break in service must be taken before benefits are claimed.
This includes new employers (receiving organisation) applying for continued NHS Pensions access for…
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…
Earning certificates for re-employed pensioners
In April/ May this year, we made the decision, due to the huge uncertainty within the NHS at that time, that we would only request annual earning certificates for those pensioners who had their pension abated. We are now in a position to collect…