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Calculating whole time equivalent pensionable pay for a part time Officer (or Practice staff) member who receives additional or supplementary payments
The following information updates previous guidance provided in our January 2016 newsletter.
The article in the January 2016 Employer Newsletter informed you continue to use your current method of calculating notional whole time pay for part time…
Payments for Clinical Director duties
We have recently received a number of queries in relation to clinical director duty payments.
The regulations state that a member’s pensionable earnings are:
salary
wages
fees, and
other regular payments
made to the member in respect of…
Membership
How your membership totals have been calculated on your statement.
Your pension statement
We calculate the membership totals on your statement as follows.
Reckonable membership
This is the amount of membership used to calculate your benefits…
Provider and performer pensions
We manage the pension process for providers and performers who are members of the NHS pension scheme.
We use information from providers area teams and health boards to:
calculate contributions on behalf of employees and employers
transfer…
Price Change for Additional Pension Payment and ERRBO
Following a change to the discount rate used for public service pension schemes that HM Treasury announced on 30 March 2023, the prices used to calculate Additional Pension purchases have changed. These will be implemented from 1 April 2024. All…
Reasons for overpayment
Overpayment of an NHS Pension can happen for a number of reasons.
These include, if you're a:
surviving spouse or partner
child dependant
re-employed pensioner
or your pension has been revised
Surviving spouse or partner
There may have…
Divorce or dissolution of a civil partnership
The value of pension benefits can be taken into account in a divorce settlement.
If a member is getting divorced, they may be asked to obtain a cash equivalent transfer value of their pension benefits.
If they do, they will ask you to complete the…
Getting an estimate of your pension
We provide active and deferred members with an Annual Benefit Statement (ABS). They’re also known as Total Reward Statements (TRS) and can be accessed via Electronic Staff Record (ESR).
You can watch our video for information about how to request…
Total Reward Statements/Annual Benefit Statements data cut
The data cut for Total Reward Statements/Annual Benefit Statements was successfully taken following close of business on Friday 23 June 2017 and the activities for the 2017 refresh have now commenced, starting with around 3 million pension…
Total Reward and Annual Benefit Statements mid year refresh plans – October 2017
For the second year we are planning to carry out a mid year refresh of statements and the data cut will be taken over the weekend of 14/15 October 2017. This means any data amendments will have to be made by 7pm on Friday 13 October 2017. The…