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MPAVC allows you to make more contributions to build a separate retirement fund. How MPAVC works The additional contributions you make are invested. They are used to supplement your main scheme benefits at retirement or later. You can take up to…

Refreshed Total Reward Statements (TRS) and Annual Benefit Statements (ABS) are now available. Visit our TRS website to find out how to view your statement. Each year your pensions records are updated to the 31 March from information sent to us by…

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…

The Department of Health and Social Care (DHSC) has confirmed that amendments to the NHS Pension Scheme rules will go ahead to help retain more experienced NHS clinicians and remove barriers to staff returning to work following retirement. The DHSC…

You may be able to buy membership back as added years at half cost if you: are a member of the 1995 Section had Scheme membership refunded on or before 6 April 1978 (or a later period when you were a self-employed practitioner) The option to…

When a member opts out of the pension scheme (either exit code 16) and carries on working in a non-pensionable capacity, we need to ensure that the correct payable date is used when the member applies for their pension. Deferred members must submit…

The Partial Retirement Calculator can be accessed from the partial retirement page of the website: Partial retirement | NHSBSA With partial retirement, you can take up to 100% of your pension, stay in your job, and carry on building up new pension…

The NHS Pension Scheme is a defined benefit occupational pension scheme. It’s open to all NHS employees and employees of other approved organisations. Pension benefits are based on earnings and how long a member has been in the Scheme. Backed by…

Every Public Service Pension Scheme is working through significant complexity to put in place the Public Service Pensions Remedy for all affected members. As the largest Scheme, we have made a lot of progress towards implementing the remedy so…

Every Public Service Pension Scheme is working through significant complexity to put in place the Public Service Pensions Remedy for all affected members. As the largest Scheme, we have made a lot of progress towards implementing the remedy so…