Pensions

Proposed changes to member contributions from 1 April 2022 Following extensive consultation with the Scheme Advisory Board to inform positive policy development on members’ pension contributions (summarised below in ‘Member contributions’), the proposals presented for consideration in this document include: Members’ contribution rates would change to be based on actual pensionable pay instead of members’ notional whole-time equivalent pay. As... More Info

Proposed changes to member contributions from 1 April 2022 The case for change The NHS Pension Scheme is designed to offer significant value in retirement to people who have chosen to dedicate part, or all, of their careers to serving the public through the NHS. Backed by the Exchequer, the NHS Pension Scheme offers the security of a guaranteed income... More Info