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Sharing our performance - June 2019
First Awards
As of 25 June 2019, a total of 3708 applications have been processed. 97.98% were paid on time.
To recap for the full month of May, 4358 were processed, of which 97.77% were paid on time.
Bereavements
Bereavements processing is…
Make Contribution Payments - POL & non-POL
Make Contribution Payments (POL Organisations)
Onboarding of existing employers to our new contribution payment platform, Make Contribution Payments (MCP), is progressing well and around 3,000 have now subscribed to…
End of Year Certificate 2018-19
This only applies to Independent Provider and New Fair Deal employers. The certificates will be available for the financial year 2018-19 in early July and employers will be emailed directly regarding this. The certificates will also be available…
Exhibitions
In May we had an exhibition stand at the Royal College of Nursing Congress Exhibition 2019, held in Liverpool. We were overwhelmed with the interest we received during the three days. All in all, we engaged with around 400 members of the NHS Pension…
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…
Sharing our performance - July 2019
First awards
A total of 4708 applications have been processed so far in July of which 99.47% were paid on time.
To recap, for the full month of June 4616 were processed of which 98.57% were paid on time.
Bereavements
Bereavements recovery is…
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…
Overpaid Employer Contribution Rate 2019/20
Further to the communication in the March employer newsletter where we advised that all employers should continue to remit 14.38% employer contributions to the Scheme, it has come to our attention that a number of employers have paid more than 14.38…
Annual Check – Scheme Access
From 1 April 2019 the Scheme Access Team has introduced an annual check, at the request of the Department of Health and Social Care. The check is to ensure that the access granted to all non-automatic Employing Authorities is still relevant, and is…