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Member contribution changes on GP forms
To coincide with the changes to member contribution rates from the 1 October 2022, we have published a number of new GP forms for use from the 1 October. These include:
GP Locum Form A – for use from 1 October 2022 to 31 March 2023
GP Locum Form…
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…
Revised employer Scheme access guidance for ARRS and PCN direct hires working on DES
New guidance is available for employers for direct hire Additional Roles Reimbursement Scheme (ARRS) employees and direct hire Primary Care Network (PCN) employees working on the Network Contract Directed Enhanced Services (DES).
The guidance has…
Total Reward Statements / Annual Benefit Statements
The refresh of statements for this year is going according to plan, the pension calculations completed on schedule. The data has been passed to ESR for them to carry out the match and merge, and statement upload processes.
The aim is for the 2017…
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,…
Non POL Update
Many thanks for those employers who have returned their Year End Spreadsheets for 2019/20 prior to the regulatory deadline on 31 May 2020.
We continue to process these spreadsheets and endeavour to complete our processing in time for the August…
Further update on 2021/22 NHS Pension Scheme employer contribution rates
Further to the announcement in our January edition of the Employer Update, that the transitional arrangement for the increase of employer contributions will continue during 2021/2022, it has been confirmed that this arrangement will continue for…
Extension of 2020/21 voluntary scheme pays deadline for members with an annual allowance charge
To help support NHS Pension Scheme members who are continuing to deal with the impact of the Coronavirus (COVID-19) pandemic, the decision has been taken to extend the voluntary scheme pays deadline for 2020/21.
If a member has an annual allowance…
Pensions Online (POL) Downtime
POL will be available throughout April and May between 7am and 7pm apart from the following dates when there will be downtime for scheduled system maintenance:
· Sunday 21 May
· Sunday 25 June
If we do need to bring POL down at short notice for…
TRS Reminder - July 2023
Updated Total Rewards Statements (TRS) and Annual Benefit Statements (ABS) will be published in August for NHS Pension Scheme members to view. We will be sharing links to resources for promoting statements to your employees in next month's Employer…