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Temporary suspension of cash equivalent transfer value (CETV) calculations
Following a change to the discount rate used for public service pension schemes that HM Treasury announced on 30 March 2023, the factors used to calculate transfer values for non-Club transfers and pensions on divorce will change.
We have been…
Administration Foundations Courses for June-August 2023
This course is available to all new local administrators of the NHS Pension Scheme who are less than 12 months in post and provides an overview of what is expected of you as an NHS Pension Scheme administrator throughout a Scheme year.
At the end…
Student Services
If you're an eligible pre-registration student studying on a healthcare, medical, dental or social work course, you may be able to get support with student finance. Visit our student services website to find out what you're entitled to and how to…
Administration Foundation Course dates from June to August 2023
This course is available to all new local administrators of the NHS Pension Scheme who are less than 12 months in post. It provides an overview of what is expected of you as an NHS Pension Scheme administrator throughout a Scheme year.
At the end…
Update on the temporary suspension of cash equivalent transfer value (CETV) calculations
Following the change to the discount rate used for public service pension scheme that HM Treasury announced on 30 March 2023, the factors used to calculate CETVs for members transferring out of the Scheme, and calculating CETVs for divorce purposes…
Pensions Online (POL) Downtime - August 2023
POL will be available throughout August between 7am and 7pm apart from the following dates when there will be downtime for scheduled system maintenance:
Sunday 20 August
If we do need to bring POL down at short notice for urgent maintenance, we…
Information for employers on changes to early and late retirement factors
Following a change to the discount rate used for public service pension schemes that HM Treasury announced on 30 March 2023, the factors used to calculate early and late retirement factors from the scheme have changed. These have been implemented…
TRS refresh August 2023 – information for employers
The annual refresh of Total Rewards Statements (TRS) and Annual Benefit Statements (ABS) is taking place in August, and updated statements will be available to NHS Pension Scheme members from 22 August 2023.
We'll be communicating to members to let…
Infected Blood Inquiry’s final report delay
Following the recent announcement regarding the final Infected Blood Inquiry report, please note we do not have any further information regarding Sir Brian Langstaff’s timetable for the Infected Blood Inquiry’s final report. The matter of the…
Drug Tariff update – Omeprazole oral suspension
This is an announcement on behalf of the Department of Health and Social Care
The Department of Health and Social Care and the National Assembly of Wales have retrospectively determined from September 2023:
the addition of Omeprazole 1mg/ml…