Search results
Showing: 10 of 31
Hypothetical annuity cost
Hypothetical annuity cost is not a standard benefit. It's included on your statement to show the likely cost of buying similar benefits on the ‘open market’.
The figures are based on market conditions at this date. Costs could vary significantly at…
Understanding your statement
If you are looking for general information on understanding your statement, you can watch a recording of the recent 'Your Total Rewards Statement Explained' event on YouTube. This video will also explain why your TRS will look different if you are…
How your statement is updated
Each year, we update your pension record to the 31 March using information sent to us by your employer.
Your Total Reward Statement (TRS) and Annual Benefits Statement (ABS) provides you with an overview of your pension benefits up to 31 March each…
Why you might not be able to see a statement
You are not able to view your NHS pension information
Your NHS Pension information might not be available because:
you are not a member of the NHS Pension Scheme
you’re a new member of the NHS Pension Scheme with less than one year’s membership…
Contributions
Information about the contributions paid into the Scheme.
Employee contributions
This is the annual contributions you paid into the scheme during the year.
This is prior to the ‘updated to’ date on your statement. It excludes added years and…
What type of statement you'll get
Each year, you'll get either a Total Reward Statement (TRS) or an Annual Benefit Statement (ABS).
The type of statement you'll get is based on your circumstances.
What TRS is
Total Reward Statements are…
Your employer to do list
Key activities employers must undertake.
To do list
We provide overviews on activities that we advise you do to prepare your employees and organisation for:
Annual Benefits Statements to do list (Excel: 11KB)Total Rewards Statements to do list (…
Annual Benefit Statement (ABS) for McCloud affected members
In 2015, the government made changes to most public service pension schemes, including the NHS Pension Scheme. These reforms did not apply to members closest to retirement. The Court of Appeal later found that this discriminated against younger…
Employee section
Depending on your circumstances, you’ll receive either a Total Reward Statement (TRS) or an Annual Benefit Statement (ABS) each year.
If you receive a TRS, this includes an ABS which you can find by selecting the ‘NHS Pension’ tab.
To find out…
Employer toolkit
The employer toolkit offers guidance and support throughout the statement delivery.
The toolkit includes:
your to do list, which explains your role as an employer and your key milestones
guidance on promoting the statements to your employees…