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Pay
Information about how your pay is used to calculate your benefits.
Officer pension statement
In the 1995/2008 Scheme, we calculate your benefits for the NHS Pensions Scheme:
using your ‘final year’s pensionable pay’ for the 1995 Section…
Pension
How we calculate your estimated NHS pension.
Officer pension statement
We estimate your NHS pension based on your employer's last update of your records.
We do this using your:
NHS Pension Scheme membership
pensionable pay
The…
Membership
This is how we calculate your membership on your Total Reward Statement (TRS).
Reckonable membership
This is the length of service that counts towards the calculation of your pension.
If you've worked part time, we'll convert this time…
How your statement is updated
Each year, we update your pension record to 31 March using information from your employer.Your pension statement will reflect this. It will come in the form of either a:Total Reward Statement (TRS)Annual Benefits Statement (ABS)Each of…
Hypothetical annuity cost
Hypothetical annuity cost is not a standard benefit. It's included on your statement to show the likely cost of buying similar benefits on the ‘open market’.
The figures are based on market conditions at this date. Costs could vary significantly at…
Standard benefits
Both Officer pension statement and Practitioner pension statement show your standard benefits.
Standard benefits are an estimate based on the latest known information to show what your pension may be worth at this time.
If you want to take…
Details on my statement
Personal details and financial summaryThis section shows the information your employer held for you on 31 March of the statement year. If you're a deferred member, it shows the information we held for you instead. It includes a summary of your…
Why you might not be able to see a statement
These are reasons you might not be able to see a statement:You cannot view your NHS pension informationYour NHS Pension information might not be available because:you are not a member of the NHS Pension Schemeyou’re a new member of the NHS…
Your employer to do list
Key activities employers must undertake.To do listWe provide overviews on activities that we advise you do to prepare your employees and organisation for:Annual Benefits Statements to do list (Excel: 11KB)Total Rewards Statements to do list (Excel:…
Pension scams
A lifetime’s savings lost in a momentThe Pensions Regulator has warned that pension scams are on the increase in the UK.Some NHS Pension Scheme members may have already been targets.‘One off pension investments’, ‘pension loans’ or ‘upfront cash’…