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Total Rewards Statements & Annual Benefit Statements refresh
The TRS & ABS mid-year refresh is underway and the data cut was taken on Friday 11 October 2019. The pension calculations and checks are now complete and the data was transferred to ESR on Friday 1 November 2019.
We expect to be able to make…
Update on Total Reward Statement cut-off date
The cut-off date for TRS has been brought forward to 6 June. We understand that this is earlier than usual and apologise for any inconvenience this may cause.
The change in date is necessary for the dual calculations needed for McCloud affected…
NHS Pensions and Coronavirus Job Retention Scheme (CJRS)
Where employers receive public funding for staff costs, and that funding is continuing, it is expected that employers will use that money to continue to pay staff in the usual way and not furlough them. This includes Trusts, GP Practices etc. who…
Reminder – completion of final pay controls Supplementary FPC1 form
We no longer require you to provide pensionable pay (TPP) for 1995 members on the FPC1 form. This field has been removed from the form in line with the awards process and the removal of this information on the AW8. Our systems will calculate the…
2017 Year end updates
The deadline for supplying your year end information (for Officer and Practice staff members) has now passed. If you did not supply the information by 31 May, either via Pensions Online or by completing the spreadsheet that was emailed to you, your…
Partial retirement calculator is available
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 …
Data required for Annual Allowance
Legislative requirements place a responsibility upon employers to provide information to NHS Pensions. This information will enable NHS Pensions to provide an Annual Allowance statement to members who could be affected.
The requirements specify…
Additional Pension and Early Retirement Reduction Buy Out (ERRBO)
Following a review by the scheme actuary the cost of purchasing additional pension and/or ERRBO is changing and member’s will find that their monthly instalment amount has changed. This will result in an increase or decrease in monthly instalments…
Disclosure of senior managers’ remuneration (Greenbury) 2019
Disclosure of senior managers’ remuneration (Greenbury) 2019
We anticipate that the Greenbury functionality within Pensions Online (POL) will be available from Monday 7 January 2019. Requests for disclosure information should be received by…
Disclosure of senior managers’ remuneration – Greenbury 2024
We anticipate that the Greenbury functionality within Pensions Online (POL) will be available from Monday 15 January 2024. This is slightly later than last year as we found we were receiving initial requests early and then amended pay figures at a…