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Employee section
Depending on your circumstances, you’ll receive either a Total Reward Statement (TRS) or an Annual Benefit Statement (ABS) each year.
To find out more about Total Reward Statements, Annual Benefit Statements and which one you'll receive, visit What…
Maximum lump sum
Information on exchanging part of an annual pension for a lump sum.
At retirement, members may be able to exchange some annual pension for a lump sum / larger lump sum.
This applies to:
1995 section (except members who left before 1 April 2008…
Your employer to do list
Key activities employers must undertake.
To do list
We provide overviews on activities that we advise you do to prepare your employees and organisation for:
Annual Benefits Statements to do list (Excel: 11KB)Total Rewards Statements to do list (…
What type of statement you'll get
Each year, you'll get either a Total Reward Statement (TRS) or an Annual Benefit Statement (ABS).
The type of statement you'll get is based on your circumstances.
What TRS is
Total Reward Statements are…
Total Reward Statements
Find information about NHS Total Reward and Annual Benefit Statements.
Benefits payable on death
In the event of your death, a lump sum and pension benefits for your dependants may be payable.
The benefits payable will depend on your circumstances at the time of your death.
A lump sum on death is a normally tax free sum of money that:
is…
Hypothetical annuity cost
Hypothetical annuity cost is not a standard benefit. It's included on your statement to show the likely cost of buying similar benefits on the ‘open market’.
The figures are based on market conditions at this date. Costs could vary significantly at…
Promoting the statements
This section provides Total Reward Statements (TRS) and Annual Benefit Statements (ABS) information about:
promoting your local benefits
the promotional tools that will be provided to you
Add logos to TRS or ABS communications
We…
Your updated Total Rewards Statement (TRS) or annual benefit statement (ABS) is available now
If you’re a member of the NHS Pension Scheme, your updated Total Rewards Statement (TRS) or annual benefit statement (ABS) is available to view online now.
If your organisation uses Electronic Staff record (ESR), you will be able to use this to…
Normal pension age
Normal pension age is:
60 years old in the 1995 section
65 years old in the 2008 section
Members with special class status in the 1995 section may have the right to retire from a normal pension age of 55.
In the 2015 scheme, it's the same as…