NHS Pension Scheme

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Annual Allowance Pension savings statement guide-20180809-(V1) 1 NHS Pension Scheme Annual Allowance Pension Savings Statement Guide Annual Allowance Pension savings statement guide-20180809-(V1) 2 Contents About this guide ........................................ ........................................ ................................... 3 Why have you been sent an annual allowance Pension savings statement?....................... 4 What's in your Pension savings statement? ........................................ ................................. 5 How do we calculate your Pension input amount? ........................................ ....................... 6 What are the steps you may need to take next? ........................................ ......................... 9 What is tapered annual allowance?

your NHS pension benefits over a year, known as the pension input period, is more than the standard annual allowance. HMRC call this growth the pension input amount. If you are a member of the 1995/2008 NHS Pension Scheme and the 2015 NHS Pension Scheme, and the total pension input amount across both these schemes is more than the

  Pension, Nhs pensions