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Department of Health and Social Care confirms change of date of annual 2015 Scheme pension cost of living review
Each year, 2015 Scheme pensions for members who are still actively contributing are reviewed to keep up with the rise in cost of living. The 2015 Scheme pensions are reviewed using the Consumer Price Index (CPI) in the year before, plus an…
Pension Awareness 2023: Getting started
Pension Awareness Week is all about helping to raise awareness of the importance of pensions. Throughout the week we’ll be sharing information on the NHS Pension Scheme, what it is and why it’s so valuable.
If you’ve just recently joined the NHS…
Guaranteed Minimum Pension (GMP)
GMP is the least amount you’ll get from your pension scheme by law if you worked between 6 April 1978 and 5 April 1997.
How GMP affects you
If you worked between 6 April 1978 and 5 April 1997, you would have been contracted out of the State…
Useful information
Your NHS Pension records are updated annually by your NHS employer. This allows us to provide you with a new Annual Benefits Statement (ABS), so that you can see how your pension pot is increasing and what benefits you may claim at your Normal…
2021/22 Pension savings statements
We are currently sending pension savings statements to members whose pension benefits have increased by more than the standard annual allowance.
The annual allowance is the maximum amount of tax-free growth an individual’s pension can grow by in…
Free member events on the NHS Pension Scheme
NHS England is running free of charge NHS Pension Scheme seminars for nurses, midwives and AHPs in late career, those aged 50 or older.
The events cover:
An introduction to the NHS Pension Scheme
The impact of flexible working on pension…
Your updated Total Rewards Statement (TRS) or annual benefit statement (ABS) is available now
If you’re a member of the NHS Pension Scheme, your updated Total Rewards Statement (TRS) or annual benefit statement (ABS) is available to view online now.
If your organisation uses Electronic Staff record (ESR), you will be able to use this to…
Technical guidance
Information you need to administer the NHS Pension Scheme on behalf of your members.
For a broad overview of the administrative tasks you need to perform, read our quick start guide (Word: 904KB).
It's aimed at employers who have recently been…
Tax implications
Contributions paid to additional pension benefits qualify for tax relief. They cannot exceed 100% of your taxable pay.
Lifetime Allowance
From 6 April 2006 to 5 April 2024 HM Revenue and Customs (HMRC) set a lifetime allowance limit. This is on…
Temporary suspension of cash equivalent transfer value (CETV) calculations
Following a change to the discount rate used for public service pension schemes that HM Treasury announced on 30 March 2023, the factors used to calculate transfer values for non-Club transfers and pensions on divorce will change.
We have been…