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HM Revenue & Customs (HMRC) have asked pension schemes to remind members that: “it is really important that those who have exceeded the Annual Allowance for (the tax year) 2016 to 2017 to declare this on their Self Assessment tax return (the…

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…

​From 1 April 2022, all members of the NHS Pension Scheme will be members of our 2015 Scheme. The 2015 Scheme is a Career Average Revalued Earnings (CARE) scheme. This is a form of defined benefit pension scheme.   When you take your pension…

The Partial Retirement Calculator can be accessed from the partial retirement page of the website: Partial retirement | NHSBSA With partial retirement, you can take up to 100% of your pension, stay in your job, and carry on building up new pension…

There are three main reasons why a pension statement may not be available. These are listed below, with just some examples of why this may be the case. There is a data issue that needs to be investigated Examples include: an outstanding data…

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…

Members will soon be able to apply to reinstate remedy period service if they opted out of the NHS Pension Scheme because of the discrimination identified in the McCloud judgement.   Members will be able to use a calculator to estimate the cost of…