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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…
Calculating whole time equivalent pensionable pay for a part time Officer (or Practice staff) member who receives additional or supplementary payments
The following information updates previous guidance provided in our January 2016 newsletter.
The article in the January 2016 Employer Newsletter informed you continue to use your current method of calculating notional whole time pay for part time…
Payments for Clinical Director duties
We have recently received a number of queries in relation to clinical director duty payments.
The regulations state that a member’s pensionable earnings are:
salary
wages
fees, and
other regular payments
made to the member in respect of…
Price Change for Additional Pension Payment and ERRBO
Following a change to the discount rate used for public service pension schemes that HM Treasury announced on 30 March 2023, the prices used to calculate Additional Pension purchases have changed. These will be implemented from 1 April 2024. All…
TRS Refresh update on statement availability issues for employers
There are 3 main reasons why an annual benefit statement (ABS) may not be available for your members. These are listed below with some examples:
There is an issue that needs to be investigated. This could be because:
We have a query about the…
Total Reward Statements/Annual Benefit Statements data cut
The data cut for Total Reward Statements/Annual Benefit Statements was successfully taken following close of business on Friday 23 June 2017 and the activities for the 2017 refresh have now commenced, starting with around 3 million pension…
Total Reward and Annual Benefit Statements mid year refresh plans – October 2017
For the second year we are planning to carry out a mid year refresh of statements and the data cut will be taken over the weekend of 14/15 October 2017. This means any data amendments will have to be made by 7pm on Friday 13 October 2017. The…
Clarification on annual allowance statements
We would like to clarify our current position in regards to providing annual allowance pension savings statements.
Recently we have issued annual allowance statements through our automation process, meeting the legislative deadline of 6 October…
Locally agreed payments – Pensionable or non-pensionable
We have received enquiries from employers seeking clarification in relation to locally agreed payments and whether they are pensionable or not.
Local agreed payments may be pensionable up to whole-time provided the member meets the normal criteria…