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VAT Treatment of charges from NHS Pension Scheme
Since 1 April 2017 NHS Pension Scheme Employing Authorities have been paying a levy to cover the cost of the administration of the NHS Pension Scheme. The levy has been collected along with employers contributions by increasing the rate from 14.30%…
Final Pay Controls
Employers are reminded that a final pay control charge applies where a NHS Pension Scheme Officer or Practice Staff member with 1995 Section membership (including 1995/2015 transition members) has a pensionable pay increase which exceeds an…
DHSC announce consultation on April 2024 scheme regulation changes
The Department of Health and Social Care has announced a consultation on proposed amendments to the NHS Pension Scheme regulations to be introduced in April 2024.
The proposals are to:
deliver phase 2 of the review of member contributions…
Holiday closure: Pensions Finance office
Over the holiday period, the NHSBSA Pensions Finance office will be closed on the following dates:
Wednesday 25 December
Thursday 26 December
Friday 27 December
Wednesday 1 January
Please note, we will not be collecting Pension Contributions…
Sharing our performance – March 2018
The table below shows our recent monthly performance for pension award processing:
The graph above depicts the improvement we are making in our aim to pay the Pension…
Update on current performance
We are continuing to maintain performance in the payment of first pension applications with a total of 5177 applications paid in January so far (30th January).
The total applications on hand currently stand at 4699, slightly less than the same time…
Kickstart Scheme
The Kickstart Scheme is a government funded scheme to create new jobs placements for 16 to 24 year old that are on Universal Credit who are at risk of long-term unemployment. This scheme is open to all employers.
The scheme covers:
100% of the…
Changes to the AW171 retirements benefits process
It’s been a few months since we introduced the final system changes to automate the AW171 process. You now no longer need to send us the AW171 form to trigger a review of the pension in payment and determine whether a revised pension is appropriate…
A new structure for the NHS Pensions Stakeholder Engagement Team
As part of our ongoing commitment to partnership working and fostering strong relationships, we’re introducing a new structure for the NHS Pensions Stakeholder Engagement Team from 1 April 2025. We’re committed to working in partnership with all NHS…
Contribution rates for members in reduced pay scenarios
In October 2022, the member contribution structure changed from being based on notional whole time pay to actual pay.
A detailed payroll provider document was released at the time explaining the changes, providing examples of how different…