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VAT Treatment of charges from NHS Pension Scheme
Since 1 April 2017 NHS Pension Scheme Employing Authorities have been paying a levy to cover the cost of the administration of the NHS Pension Scheme. The levy has been collected along with employers contributions by increasing the rate from 14.30%…
Sharing our performance update - February 2019
We are continuing to make progress in the timeliness of first pension payments with a total of 3731 applications paid in February so far (25 February) 96.05% were paid either early or on time. The total applications on hand remain stable despite it…
Sharing our performance update - March 2019
Sharing Our Performance - March 2019
Our level of performance continues to be maintained as we strive to process first pension payments in a timely manner. As of 26 March, a total of 3852 applications have been processed, 97.49% of which were paid…
Pensions revaluation headline statement – DHSC
The NHS Pension Scheme employer contribution rate increased on the 1 April 2019 from 14.3% to 20.6% plus the employer levy of 0.08%.
The Department of Health and Social Care’s consultation response announcing the rise, published in March 2019,…
Final Pay Control and deferred members
Where a member leaves NHS employment on or after 1 April 2014 and their benefits are deferred, the member’s deferred benefits will be checked to see if they exceed the Final Pay Control limits when their benefits are either:
Transferred to…
Employer update on Public Service Pension Remedy (McCloud) - September 2023
Last year the Department of Health and Social Care (DHSC) published their consultation response and regulations to support the first phase of the Public Service Pension Remedy (McCloud Remedy) which:
closed the legacy public service pension…
Important changes to application forms
The following forms have recently been updated to include an additional option within the applicant’s declaration and consent section.
Consideration of entitlement to ill health retirement claim form (AW33E)
Consideration of entitlement for…
Important changes to application forms
The following forms have recently been updated to include an additional option within the applicant’s declaration and consent section.
Consideration of entitlement to ill health retirement claim form (AW33E)
Consideration of entitlement for…
The NHS Pension Scheme for England and Wales - proposed changes to scheme regulations 2019
An email went out to all employers on 5 March 2019 highlighting the proposed changes which were outlined in a consultation document released by the Department of Health and Social Care (DHSC).
We have highlighted below the main changes that will be…
Members Purchasing Additional Pension by Lump Sum Payment
We have identified an increase in additional pension applications being rejected and rejection letters being sent to members where a member has elected to purchase additional pension via one-off lump sum payment.
These rejections have occurred…