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Final pay controls
The aim of the final pay control regulations in the 1995 Section of the NHS Pension Scheme is to protect the NHS Pension Scheme against the costs of excessive increases in pensionable pay at or before retirement.
Employers are charged if they give…
Employer reminder - annual allowance information required
Employers are required in legislation to provide information to NHS Pensions which enables pension savings statements to be provided to members. This statement informs members whether they have exceeded the annual allowance limit in the NHS Pension…
Access to POL - urgent action may be required
Due to some employers having issues connecting to POL, we have been advised to amend the IP Address we use to host the site. This change will be implemented between 15:00 and 16:00 on Friday 2nd July and will result in a short outage during this…
Changes to final pay controls and how to apply for retrospective charges to be reassessed
The Department of Health and Social Care (DHSC) recently published the outcome of its consultation on proposed amendments to the NHS Pension Scheme Regulations which confirmed changes to final pay controls from the 1 July 2021.
These changes are…