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Important information for members who have recently received an annual allowance statement
We have become aware of an error that may have affected some pension savings statements dated between 20 April and 27 April 2022. These statements were issued on 28 April 2022.
As a precaution we are recalculating and issuing new statements to all…
2021/22 Pension savings statements
We are currently sending pension savings statements to members whose pension benefits have increased by more than the standard annual allowance.
The annual allowance is the maximum amount of tax-free growth an individual’s pension can grow by in…
New guidance for members who may hold or have held enhanced or fixed protection from lifetime allowance charges
On 28 February 2022 HMRC published new guidance for public service scheme members with enhanced or fixed protection.
Lifetime allowance is the total benefits you can build up from all registered pension schemes without incurring a tax charge. Since…
Pension Awareness 2023: Building a solid future
Pension Awareness Week is all about helping to raise awareness of the importance of pensions. Throughout the week we’ll be sharing information on the NHS Pension Scheme, what it is and why it’s so valuable.
If you’re actively contributing to the…
Department of Health and Social Care launches consultation on NHS Pension Scheme member contribution rates
The Department of Health and Social Care has announced a consultation on proposed changes to the member contribution rates for the NHS Pension Scheme.
New structure for member contributions
This new member contribution structure will contain new…
Update on proposed government changes to public service pension schemes
The Court of Appeal ruling on 'protection', known as the McCloud Judgment
In April 2015, the government put into effect reforms to all main public service pension schemes.
The reforms that took place in 2015 did not apply to those closest to…
Department of Health and Social Care announces extension of retire and return easements
Following a short consultation, the Department of Health and Social Care has announced an extension to retire and return easements to 31 October 2022 through temporary amendments to NHS Pension Scheme regulations.
What was included in the…
Department of Health and Social Care announces extension of retire and return easements
Following a public consultation, the Department of Health and Social Care has announced a further extension to retire and return easements beyond the current 31 October 2022 expiry date, through temporary amendments to NHS Pension Scheme regulations…
Department of Health and Social Care launches consultation on proposed continuation of retire and return easements
The Department of Health and Social Care has announced a consultation on proposals to extend retire and return easements to 31 October 2022 via temporary amendments to NHS Pension Scheme regulations.
What is included in the consultation
The…