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As some of you may be aware, the Additional Pension (AP) calculator is currently not available for purchases over £6,500. For purchases over £6,500, the member must email apavcreferrals@nhsbsa.nhs.uk with their National Insurance number or pension…

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 the capitalised cost for redundancy and interest of efficiency of the service have changed.…

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…

We have received a number of enquiries from employers seeking clarification when calculating Notional Whole-Time (NWT) pensionable pay with supplementary payments. Information on how to calculate the Notional Whole Time Total Pensionable Pay is…

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…

The issue that was affecting the Partial Retirement Calculator has been resolved. The Partial Retirement Calculator can be accessed from the partial retirement page of the website: Partial retirement | NHSBSA As a reminder, members can use the …

When a member retires from the NHS Pension Scheme and then returns to pensionable employment, their death in membership Life Assurance Lump Sum (LALS) is worked out differently than if they had died in service before retiring. Where a re-employed…

We are receiving a high volume of incomplete and outdated forms for additional pension. Can all employers ensure that they are directing members to the additional pension calculator on the additional pension webpage of the Member Hub. All…

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 changed. We are now able to…

Further to an article in the January 2016 Employer Newsletter, we are continuing to consider the system changes required to ensure that the whole time equivalent pay is calculated correctly for part time staff who are in receipt of supplementary…