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Trust Wholly Owned Subsidiary Companies The Department of Health and Social Care have confirmed that NHS Trust Wholly Owned subsidiaries can apply for access to the NHS Pension Scheme for compulsorily transferring staff, and new starters. Access…

As the deadline for issuing pensions saving statements approaches please action any SM8’s received. If the contributions and pay are not amended in line with a reduction in hours/sessions worked, the member may receive an incorrect Annual Allowance…

Further to guidance issued on 10 October 2019, we would like to update members on annual allowance statements.  We issued annual allowance statements through our automation process, meeting the legislative deadline of 6 October 2019. However, we…

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…

Should you have any employees who have applied to retire but would now like to defer their retirement, please email details to nhsbsa.stakeholderengagement@nhs.net. Please include ‘Deferred Retirement’ in the subject heading of the email. Our team…

Members can increase their pension benefits in a number of ways. Additional Pension To set up an Additional Pension, follow the instructions in the Additional Pension decision tree (PDF: 311KB). Added Years Read the Added Years factsheet (…

Each year, we create Total Reward Statements (TRS) and Annual Benefit Statements (ABS) for members who are actively contributing to the Scheme. Your statement is updated after the financial year end at the end of March and made available in mid-…

The Supreme Court has refused permission for the Government to appeal the Court of Appeal’s December 2018 judgment in the cases of McCloud and Sargeant. This means that the Court of Appeal’s judgment stands, and that ‘transitional protection’ gave…

If you have an annual allowance charge you can either pay the charge directly to HMRC yourself or share the responsibility for the payment with the NHS Pension Scheme using the scheme pays facility. This is known as a scheme pays election. The NHS…

Data Management are receiving a high number of e-mails regarding cases where an estimate or membership statement cannot be produced through Memberzone as the member’s record requires data cleanse or a calculation is not possible due to system…