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NHS Pensions McCloud Remedy Benefits Illustrator
If you’re a member of the NHS Pension Scheme and you’re affected by the public service pensions remedy (‘McCloud’ remedy), you can use the Remedy Benefits Illustrator to understand how your remedy choice is likely to affect your pension overall.…
Make Contribution Payments (MCP) update
The Stakeholder Engagement Team, working with the Digital Project Team, have been continuing the rollout of our new financial information collection service, MCP. Over 30% of employers are now on-boarded to the service. If you have been sent an on-…
Scheme access for self-employed individuals
NHS employers are reminded that the only self-employed individuals who have access to the NHS Pension Scheme are General Practitioners, General Dental Practitioners, Ophthalmic Medical Practitioners, and non-GP Providers.
Any other individual…
Member contribution rate for 2021/2022
We can confirm that there will be no changes to the member tiers and contribution rates for 2021/22. The current member contribution rate tiers will be extended to 31 March 2022.
For more information, go to our Cost of being in the Scheme page.
Protection of Pay and Voluntary Protection of Pay
The forms and fact sheets have recently been updated following a review of the enquiry process. If you need to submit an application, please use the updated SM R9 EA application from the website.
Bulk protection of pay
The universal bulk…
Applications for Protection of Pay (where pay is reduced)
This is a further reminder for employers to ensure that any applications for Protection of Pay or Voluntary Protection of Pay are submitted to NHS Pensions within the relevant time limits. Also, that sufficient, supporting information is included…
Non POL Update
Many thanks for those employers who have returned their Year End Spreadsheets for 2019/20 prior to the regulatory deadline on 31 May 2020.
We continue to process these spreadsheets and endeavour to complete our processing in time for the August…
Government consultation on pension flexibilities
The Department of Health and Social Care is to open a new consultation on revised proposals for flexibilities in the NHS Pension Scheme. More details can be found here:
https://www.gov.uk/government/news/nhs-pensions-for-senior-clinicians-new-…
Stakeholder pensions
Stakeholder pensions are an alternative way of saving for retirement.
They are not normally recommended as a main pension for someone who can join the NHS Pension Scheme.
Your employer must offer an NHS stakeholder pension if you cannot join the…