Dear Colleagues,
This email outlines information for NES employee who are currently active or deferred (since April 2022) members of the NHS Pension Scheme and who anticipate being affected by an annual allowance tax charge in respect of their pension for 2021/22 and/or 2022/23.
With effect from 1st October 2022, NHS Scotland has introduced a new policy whereby members affected by an annual allowance tax charge, are able to apply for an alternative payment, provided they meet the required criteria; and opt out of the pension scheme. It is hoped this scheme will support staff with options to continue in their present role and continue their career journey.
Applicants must carefully consider the guidance provided and ensure submitted applications adhere fully to all requirements, including providing completed forms and all supporting documents. Incomplete applications cannot be processed. NES is obliged to meet the national timeframes set down in the guidance. While NES is committed to doing everything possible to facilitate applications received up to 28th February, applications are requested to be submitted by Monday 13th February to allow time for NES to process through the payroll before the end of the financial year.
Before applying, individuals are strongly advised to seek independent financial advice as to whether the alternative payment outweighs the benefits of continued membership of the NHS Pension Scheme. Individuals are responsible for taking their own appropriate independent advice and for their decision. NES cannot offer any advice or opinion.
Where any NES colleague is also employed by another NHSS Board each respective Board’s application process should be followed as appropriate. NES can only deal with applications related to NES employment.
It is essential all staff are aware of the above including colleagues who may be absent, on secondment or who may not have access to their normal work email.
National guidance is available by clicking the following link – it is essential that this is read in full and that all such guidance is followed including links to helpful resources and individuals being responsible for seeking their own independent appropriate advice:
Subject to meeting the criteria outlined in the above guidance applications must be made using the following form and must be accompanied by all appropriate documentations. This form should be read in full. It includes some additional information and links to relevant resources:
For more information on the process please contact Fred Best, Lead HR Business Partner via email on fred.best@nhs.scot
