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Further update on annual allowance statements
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…
Understanding if your NHS Pension is affected by changes to public sector pensions
Only some members will be affected by the changes.
You’re affected if you joined a public service pension scheme on or before 31 March 2012 and:
you had continuous pensionable service between 1 April 2015 and the 31 March 2022 (or your…
Information about NHS Pensions
We’re responsible for administering the NHS Pension Scheme in England and Wales on behalf of the Department of Health and Social Care (DHSC).
Within this hub, you can find information on:
our role as administrator of the NHS Pension Scheme
NHS…
NHS Pensions to attend Acute and General Medicine Conference
The Stakeholder Engagement Team from NHS Pensions will be attending the 2019 Acute and General Medicine Conference at EXCEL London next week.
Experts from the service will be on hand to discuss your pension and answer any queries you may have.…
NHS Pensioner P60s and annual newsletters
P60s and annual newsletters are currently being sent to all NHS Pensioners.
A P60 includes information about the pension paid and the tax deducted during the tax year.
P60s are distributed in a phased approach and may not be received until the…
Pensions anti-scamming campaign
Scammers are targeting pension pots of all sizes – help to make sure your savers know how to spot the signs.
Their impact can be devastating. Last year, victims of pension scams lost on average £91,000 each.
The FCA and TPR are urging trustees…
Transferring into the Scheme
If you have another pension, you can apply to transfer it into the NHS Pension Scheme. Any pension transferred in will be added to your benefits in the NHS Pension Scheme.
Moving within the NHS
If you move from one NHS employer in England and…
Tax implications
Contributions paid to increase benefits qualify for full tax relief. They cannot exceed 100% of your taxable pay.
Lifetime Allowance
Since 6 April 2006 HM Revenue and Customs (HMRC) has set a Lifetime Allowance limit. This is on tax free pension…
2021/22 Pension savings statements
We are currently sending pension savings statements to members whose pension benefits have increased by more than the standard annual allowance.
The annual allowance is the maximum amount of tax-free growth an individual’s pension can grow by in…
Free member events on the NHS Pension Scheme
NHS England is running free of charge NHS Pension Scheme seminars for nurses, midwives and AHPs in late career, those aged 50 or older.
The events cover:
An introduction to the NHS Pension Scheme
The impact of flexible working on pension…