Q. I wanted to know if tax relief is available when additional pension is bought from the NHS scheme as it is when putting money into a personal pension. I have a children only dental contract and do not make the same contributions as I did when I fully worked as an NHS dentist. I am not [...]
NHS Pensions Added Years- How To Purchase – Hot Topics Q&A
September 8, 2009 By
Q. I’m aware that I’m not going to accrue the full 40 years in the NHS Pension Superannuation Scheme as I did not qualify until I was aged 25. I’ve heard about buying ‘added years’. Can you tell me how to go about this? A. Until April 2008, buying added years was available. Many people [...]
NHS Pension Choices – The Key Factors
July 10, 2009 By
If you are a member of the NHS pension scheme, you will soon be asked to make a very important decision. That is, should you remain in the current version of the scheme (applies if you were a member pre-April 2008) or should you transfer to the new version (post-April 2008). To help, the NHS [...]
New NHS Benefits – It’s All Ended In Tiers
April 7, 2009 By
There have been many changes in overall pension rules by the government, and we have discussed in Financial Tips how this has affected the NHS Pension Scheme in previous articles such as the Lifetime Allowance. Other NHS rule changes might not be so obvious, but for the unfortunate few who fall ill, have a serious [...]
NHS Pension Scheme Contribution Percentages – Hot Topics Q & A
March 17, 2009 By
Q. I am a Consultant age 57, and have decided to go part time next month. Looking at all the implications am I right to say that although my pay will be greatly reduced, I will still pay NHS Pension contributions based on my Whole Time Equivalent income? A. You have obviously done your homework. Yes [...]
