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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…
Normal pension age
Normal pension age is:
60 years old in the 1995 section
65 years old in the 2008 section
Members with special class status in the 1995 section may have the right to retire from a normal pension age of 55.
In the 2015 scheme, it's the same as…
Disclaimers
We do not include a projection of your pension at retirement as part of your statement.
NHS pension benefits for membership after 2015 are also subject to change.
In 2015, the government made changes to most public service pension schemes,…
Pension scams
A lifetime’s savings lost in a moment
The Pensions Regulator has warned that pension scams are on the increase in the UK.
Some NHS Pension Scheme members may have already been targets.
‘One off pension investments’, ‘pension loans’ or ‘upfront…
Independent financial advisors (IFAs)
Independent financial advisers can only get member statements from the member they represent.
It's free of charge for members. It's a faster and more convenient way for them to get information about their NHS pension.