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Changes to how you can submit a scheme pays election if you are about to retire
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…
GP Pensions member events
For the first time, NHS Pensions are hosting GP member events. Each session will be two hours long and include presentations on the following topics:
Which GP certificate – An overview of the different types of GPs and which certificates need to…
The Partial Retirement Calculator is available
The issue that was affecting the Partial Retirement Calculator has been resolved.
The Partial Retirement Calculator can be accessed from the partial retirement page of the website: Partial retirement | NHSBSA
As a reminder, with partial retirement…
NHS and Social Care Coronavirus Life Assurance Scheme 2020 rule changes
Probate
On 18 November 2021 an updated version of the scheme rules was published which includes an amendment to Part 4 (paragraph 6). This allows claimants who are unable to obtain probate to receive benefits from the scheme. Some claimants may be…
Partial Retirement Calculator - now available
The Partial Retirement Calculator can be accessed from the partial retirement page of the website: Partial retirement | NHSBSA
With partial retirement, you can take up to 100% of your pension, stay in your job, and carry on building up new pension…
DHSC announce consultation on April 2024 scheme regulation changes
The Department of Health and Social Care has announced a consultation on proposed amendments to the NHS Pension Scheme regulations to be introduced in April 2024.
The proposals are to:
deliver phase 2 of the review of member contributions…
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…
Pension Awareness 2023: Taking a flexible approach
Pension Awareness Week is all about helping to raise awareness of the importance of pensions. Throughout the week we’ll be sharing information on the NHS Pension Scheme, what it is and why it’s so important.
Alongside your salary, your NHS pension…
DHSC consultation outcome - April 2024 scheme regulation changes
The Department of Health and Social Care (DHSC) has published the outcome of the consultation on proposed amendments to the NHS Pension Scheme regulations to be introduced in April 2024.
Changes that apply to all members
Contribution rates may…
Pension Awareness 2023: When it’s time to claim your benefits
Pension Awareness Week is all about helping to raise awareness of the importance of pensions. Throughout the week we’ll be sharing information on the NHS Pension Scheme, what it is and why it’s so valuable.
Before you apply
Before applying for…