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Each year, we create Total Reward Statements (TRS) and Annual Benefit Statements (ABS) for members who are actively contributing to the Scheme. Your statement is updated after the financial year end at the end of March and made available in mid-…

If you’re a member of the NHS Pension Scheme, your updated Total Rewards Statement (TRS) or annual benefit statement (ABS) is available to view online now. If your organisation uses Electronic Staff record (ESR), you will be able to use this to…

If you’re a member of the 1995 Section The 1995 section automatically provides members with a lump sum at retirement. This is normally 3 times their pension.   If you're a member of the 2008 Section If you moved to the 2008 section as part of the…

Hypothetical annuity cost is not a standard benefit. It's included on your statement to show the likely cost of buying similar benefits on the ‘open market’. The figures are based on market conditions at this date. Costs could vary significantly at…

Both Officer pension statement and Practitioner pension statement show your standard benefits. Standard benefits are an estimate based on the latest known information to show what your pension may be worth at this time. If you want to take…

Information about the contributions paid into the Scheme. Employee contributions This is the annual contributions you paid into the scheme during the year. This is prior to the ‘updated to’ date on your statement. It excludes added years and…

The employer toolkit offers guidance and support throughout the statement delivery. The toolkit includes: your to do list, which explains your role as an employer and your key milestones guidance on promoting the statements to your employees…

Depending on your circumstances, you’ll receive either a Total Reward Statement (TRS) or an Annual Benefit Statement (ABS) each year. To find out more about Total Reward Statements, Annual Benefit Statements and which one you'll receive, visit What…

Key activities employers must undertake. To do list We provide overviews on activities that we advise you do to prepare your employees and organisation for: Annual Benefits Statements to do list (Excel: 11KB)Total Rewards Statements to do list (…

In the event of your death, a lump sum and pension benefits for your dependants may be payable. The benefits payable will depend on your circumstances at the time of your death. A lump sum on death is a normally tax free sum of money that: is…