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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…
Update on NHS Pension Scheme employer contribution rates
The NHS Pension Scheme employer contribution rate increased on 1 April 2019 from 14.38% to 20.68%, this includes the 0.08% administration charge. The Department of Health and Social Care’s (DHSC) consultation response announcing the rise, published…
Update on claims for re-imbursement of initial widows/widower pensions
The NHS Pensions Finance team is now using a paperless system for processing claims for re-imbursement of initial widow/widowers pensions (IWP). Therefore, we now require the form to be sent in a PDF format for audit purposes with a view to…
NHS Trust wholly owned subsidiary companies
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…
NHS Pensions Member Events for 2022
Throughout this year, a number of events are available for members of the NHS Pension Scheme to provide more clarity on what the Scheme is and what you are entitled to.
This page contains details of our events in May 2022. You can find details of…
Final Pay Control update
Following the article in September’s Newsletter introducing the FPC1 form, we are pleased to report this has helped reduce the number of invoices going out to employers and helped prevent charges being over/under stated based on the information you…
Improving your year-end data processing
The accurate and timely updating of NHS Pension records reduces data cleanse effort and ensures up to date information is reflected in Total Reward Statements, Annual Benefit Statements and Annual Allowance Statements. Taking action now to clear…
PCSE application window for Pensions Annual Allowance Charge Compensation Scheme forms opening 2 August 2021
GPs in England who have an annual allowance charge for 2019/20 and wish to apply to the 2019/20 Pension Annual Allowance Charge Compensation Scheme (PAACCs) must submit their application form to be endorsed by Primary Care Support England (PCSE)…
Reminder for employers - 2019/20 Pension Annual Allowance Charge Compensation Scheme deadline approaching
The 31 March 2022 deadline for eligible clinicians to submit an application to the NHS England and Improvement (NHSEI) or NHS Wales 2019/20 Pension Annual Allowance Charge Compensation Scheme is approaching.
To apply to the Scheme, eligible…