Further to the communication in the March employer newsletter where we advised that all employers should continue to remit 14.38% employer contributions to the Scheme, it has come to our attention that a number of employers have paid more than 14.38% from April 2019.
We have started to contact employers who we believe may have paid an incorrect employer rate to discuss the refund of any overpaid contributions.
With immediate effect, please submit no more than 14.38% in employer contributions to NHS Pensions.
If you have not been contacted directly by the Pensions Finance Reporting Team and you have paid over the higher employer contribution rate and require a refund, email us at:
nhsbsa.pensionsfinance@nhs.net
Ensure you provide the following information:
- EA code
- How you made the payment
- Date and value of higher rate payment
- The correct value of employer contributions
- The refund payment you require