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Additional Pension and Early Retirement Reduction Buy Out (ERRBO)
Following a review by the scheme actuary the cost of purchasing additional pension and/or ERRBO is changing and member’s will find that their monthly instalment amount has changed. This will result in an increase or decrease in monthly instalments…
Pensions Online (POL) year-end update event 23 April 1pm to 2:30pm
Sign up to our LIVE event on Tuesday 23 April 1pm to 2:30pm on Eventbrite: https://www.eventbrite.co.uk/e/855896468377?aff=oddtdtcreator
This event is for employers that only have access to POL.
We will:
show you how to complete the…
2024/25 payment schedule for NHS Pensions
NHS employers have a statutory duty to ensure that scheme contributions reach the NHS Pensions bank account by day 19 of the month following the month that the earnings were paid to the member. When day 19 falls on a weekend or a bank holiday…
Refund of member contributions – a reminder of eligibility
To qualify for a refund, a member must:
have left the scheme before reaching Normal Pension Age
have ceased membership of the Scheme in all employments
have less than two years qualifying membership in the NHS Pension Scheme.…
Contributions to the NHS Pension Scheme are changing
In our March employer update, we gave further information about the second phase of changes to member contributions. These changes must be implemented from 1 April 24.
We now know what contribution rate should be applied where employers can not…
Greenbury Update
We have been successfully working through all the Greenbury requests for this year.
All queries need to be sent to us by Friday 31 May 2024.
This is when the window for Greenbury 2024 will close, and we cannot respond to any queries after that…
Independent Provider (IP) End of Year Certificate 2023-24
You will shortly be able to access the 2023-24 End of Year Certificate via our website.
As part of your Independent Provider status, you are legally required to complete end of year certificates for each employer code you have declaring Scheme…
New Fair Deal (NFD) End of Year Certificate 2023-24
You'll soon be able to access the 2023-24 End of Year Certificate on our NHS Pensions finance page.
As part of your NFD status, you're legally required to complete End of Year Certificates for each employer code you have. You need to declare…
Updated information is now available to support members with their Choice 2 decision
Original Choice members who moved to the 2008 Section have not been given the option to reverse their Choice decision as those members could have remained in the 1995 Section.
However, members who had 1995 Section benefits that they decided to move…