Search results
Pension
How we calculate your estimated NHS pension.
Officer pension statement
We estimate your NHS pension based on your employer's last update of your records.
We do this using your:
NHS Pension Scheme membership
pensionable pay
The figure…
Lump sum
If you’re a member of the 1995 Section
The 1995 section automatically provides members with a lump sum at retirement. This is normally 3 times their pension.
If you're a member of the 2008 Section
If you moved to the 2008 section as part of the…
Adult dependant's pension
In the event of your death, a lump sum and pension may be paid to your surviving spouse, registered civil partner, qualifying partner or nominated recipient.
We may pay an adult dependant's pension to:
your surviving spouse
your registered…
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…
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…
Contributions
Information about the contributions paid into the Scheme.
Employee contributions
This is the annual contributions you paid into the scheme during the year.
This is prior to the ‘updated to’ date on your statement. It excludes added years and…
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…
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…
Make or change a nomination
If you've already made a nomination, the details are on your statement.
If you want your death benefits to be paid to your spouse/partner, you do not need to make a nomination if you:
are married
are in a civil partnership
have a nominated…