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Capitalisation costs
If you’re made redundant and choose to claim your NHS Pension benefits before your normal retirement age, you may incur a capitalisation cost. When capitalisation costs applyYou incur this cost only if you claim your pension early and choose to…
Redundancy process
If you’re being made redundant, this page explains the steps you need to take.Your employer can visit our Employer Hub's Redundancy page for more information about their own steps.Getting an estimate of your pension benefitsYou cannot request an…
Cost of being in the Scheme
All NHS Pension Scheme members pay a percentage of their pensionable pay to the scheme each month. This is called a contribution rate.The amount you pay into your pension changes on 1 April 2026. On this page you can find more information on your…
Redundancy options
If you’re eligible for redundancy, you have a few options on what to do with your pension benefits. Some of these options can affect the benefits you receive, depending on your age. You can read more about this on our Capitalisation costs…