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Partial retirement update for employers - October 2023
Applications
We have received a number of partial retirement applications where the AW8 is not fully complete or the employer has not signed the relevant sections.
If you are processing applications for partial retirement, please ensure the…
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…
Capacity code reminder
Employers are reminded that when a member with a 03, 08 or 10 capacity code changes from part time to whole time or vice versa, or hours to sessions, the employment must be closed and reopened on Pensions Online (POL) to ensure benefit calculations…
Death in service – Outstanding annual leave
The members’ record should be terminated on either the date of death, or if annual leave extends the last day of service on that date using exit code 14.
Please also ensure the employer pay provided on the termination form includes payment for…
Members achieving maximum pensionable membership
When completing SD55 termination form for members who have achieved maximum pensionable membership, are no longer eligible to contribute and have a last day of pensionable membership as the date they achieved maximum membership, the reason for…
Total Reward Statements/Annual Benefit Statements data cut
We will take the Total Reward Statement/Annual Benefit Statement data cut for the annual refresh of statements following close of business 23 June 2017 (7pm). Only data received and successfully processed onto a member’s pension record at that point…
New employer guides available
A new abatement basic overview guide for employers is now available on our website. The guide has been created to help employers understand when abatement applies for re-employed pensioners and how we calculate the figures.
A basic administration…
Partial retirement – November 2023 update
We have updated the partial retirement supplementary form, estimate request form, and factsheets based on feedback. You can download the latest version of the form and factsheets from our website.
Partial retirement supplementary form
Partial…
Partial retirement calculator coming soon - information for employers
Since changes to partial retirement were announced earlier this year, we’ve been working hard to make sure our processes, tools, and guidance are updated to support members and employers.
As part of this work, the Government Actuary’s Department (…
HMRC's Lifetime Allowance protection look up service
HMRC have published a look up service that allows scheme administrators to check the status of a Lifetime Allowance protection certificate.
However, the look up service does not give all the necessary confirmation to allow NHS Pensions to calculate…