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In November 2019, NHS England and NHS Improvement (NHSEI) announced that clinical staff who go over their annual allowance for the 2019/20 tax year and who use Scheme Pays to pay the tax charge can be compensated in retirement for any reduction to…

Eligible clinicians who go over their annual allowance for the 2019/20 tax year and who use scheme pays to pay the tax charge can apply to be compensated in retirement for any reduction to their NHS Pension Scheme benefits. The deadline for…

Eligible clinicians who go over their annual allowance for the 2019/20 tax year and who use scheme pays to pay the tax charge can apply to be compensated in retirement for any reduction to their NHS Pension Scheme benefits. The deadline for…

Since changes to partial retirement were announced earlier this year, we’ve been working hard to make sure our processes, tools, and guidance are updated to support members and employers. As part of this work, the Government Actuary’s Department (…

Since changes to partial retirement were announced earlier this year, we’ve been working hard to make sure our processes, tools, and guidance are updated to support members and employers. As part of this work, the Department of Health and Social…

Since changes to partial retirement were announced earlier this year, we’ve been working hard to make sure our processes, tools, and guidance are updated to support members and employers.   As part of this work, the Department of Health and Social…

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…

On 28 February 2022 HMRC published new guidance for public service scheme members with enhanced or fixed protection. Lifetime allowance is the total benefits you can build up from all registered pension schemes without incurring a tax charge. Since…

Important information for members who have an annual allowance charge for 2018/19: In a Pensions Schemes Newsletter 115 (26 November 2019) article HMRC has asked scheme administrators to remind members who have an annual allowance charge for 2018/…

Jump to: Pensions scams Anyone can fall victim to pension scams because they can be difficult to spot. In one year, 1 in 17 adults were victims to fraud according to the 2023 Crime Survey for England and Wales.  Scammers are typically…