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Administration Foundation Course
The Foundation Course has been developed following feedback from our GP practice manager employer training events.
This course is available to all new local administrators of the NHS Pension Scheme who are less than 12 months in post and provides…
Annual Allowance and self assessment tax returns
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…
War Pension Scheme and Armed Forces Compensation Scheme
If you receive War Pension Scheme or Armed Forces Compensation Scheme payments and are under the age of 60, you can request a war pension exemption certificate from Veterans UK.
A valid war pension exemption certificate entitles you to:
free NHS…
New episode of NHS Pensions Podcast
The third episode of our NHS Pensions podcast is now available. The third instalment delves into the various benefits of the NHS Pension Scheme including additional pension, lump sums, early retirement, and ill health options.
The podcast series is…
Notional Whole-Time (NWT) Pensionable Pay and supplementary pays
We have received a number of enquiries from employers seeking clarification when calculating Notional Whole-Time (NWT) pensionable pay with supplementary payments.
Information on how to calculate the Notional Whole Time Total Pensionable Pay is…
Reduction or forfeiture of NHS Pension Scheme benefits and using the ‘02’ exit code
The NHS Pension Scheme Regulations allow for NHS pension benefits to be reduced or forfeited under certain circumstances.
Reduction of NHS pension benefits
Employing Authorities should make NHS Pensions aware of any legal proceedings in respect…
Transferring into the Scheme
If you have another pension, you can apply to transfer it into the NHS Pension Scheme. Any pension transferred in will be added to your benefits in the NHS Pension Scheme.
Moving within the NHS
If you move from one NHS employer in England and…
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…
The 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, with partial retirement…
Tax implications
Contributions paid to increase benefits qualify for full tax relief. They cannot exceed 100% of your taxable pay.
Lifetime Allowance
Since 6 April 2006 HM Revenue and Customs (HMRC) has set a Lifetime Allowance limit. This is on tax free pension…