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Disclosure of senior managers’ remuneration (Greenbury) 2020
We anticipate that the Greenbury functionality within Pensions Online (POL) will be available from Monday 6 January 2020.
Requests for disclosure information should be received by NHS Pensions between 6 January 2020 and Friday 28 February 2020 to…
Completing the self-assessment form where there is an Annual Allowance charge
In the Pensions Schemes newsletter 115 (26 November 2019) HMRC have asked schemes to remind members who have exceeded the Annual Allowance for 2018/19 and have an Annual Allowance charge that must be declared as they have exceeded their Annual…
Re-joiners and Re-employment update
Last year we issued annual earnings certificate (RE116) forms for re-employed pensioners electronically via email. We will follow the same process this year.
If you have re-employed pensioners working in your organisation, we will endeavour to…
Stakeholder Engagement update
The last 12 months have been an exciting time for the Stakeholder Engagement Team, appointing a further 5 Stakeholder Engagement Managers to build on the support we offer employers nationwide.
We have also seen a steady increase in both the volume…
Employer contribution rate arrangements to remain for 2020/2021
The NHS Pension Scheme employer contribution rate increased on 1 April 2019 from 14.3% to 20.6%, plus an employer’s levy of 0.08%.
The Department of Health and Social Care’s consultation response announcing the rise, published in March 2019,…
Ill Health Applications – Coronavirus (COVID-19) arrangements
NHS Pensions is continuing to receive applications for;
The Consideration of Entitlement to Ill Health Retirement benefits (AW33E)
The Consideration of Entitlement for Early Payment of Deferred Benefits due to Ill Health (AW240)
Due to the…
Employer Information required for Annual Allowance
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…
Special Class Transitional members retirement age on TRS/ABS
Following the release of Total Reward Statements (TRS) and annual benefit statements (ABS), NHS Pensions has received enquiries regarding the retirement age for Special Class transitional members showing as age 60.
If a member held Special Class…
Retrospective pay changes
Correct allocation of retrospective pay or awards and recording of hours or sessions
Can all employers please ensure that any retrospective or backdated pay or awards (like the Clinical Excellence Award) are allocated to the correct pension year…
Exit Code 16 - Opted out of the Scheme
Employers are reminded of the importance of using the correct termination code when closing down a pension record normally from the beginning of the next pay period.
Exit code 16 should be used for all cases where the member continues to work but…