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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…

You may have received a 1995/2008 Scheme pension savings statement showing a pension input amount for tax year 2023/24 in brackets, ‘£(10,987.60)', for example. This means that the figure is a negative pension input amount. You need to read the…

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 Department of Health and Social…

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…

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…

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…

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 (…