NHSBSA extends 2019/20 voluntary scheme pays deadline for NHS Pension Scheme members with an annual allowance charge
To help support NHS Pension Scheme members who are continuing to deal with the impact of the Coronavirus (COVID-19) pandemic, the NHSBSA has taken the decision to extend the voluntary scheme pays deadline for 2019/20.
Members of the NHS Pension Scheme with an annual allowance charge for 2019/20, who wish to use voluntary scheme pays to pay all or part of their annual allowance charge now have until 31 March 2022 to submit their application.
The NHSBSA does not have the authority to extend the mandatory scheme pays election deadline for 2019/20 as this is confirmed in legislation. The 2019/20 mandatory scheme pays deadline remains the 31 July 2021.
More information about mandatory and voluntary scheme pays, how to apply to use scheme pays and the deadlines for doing so can be found on the annual allowance webpage of the NHS Pension Member Hub.
The extended 2019/20 voluntary scheme pays deadline of the 31 March 2022 coincides with the deadline for clinicians applying to the 19/20 Pension Annual Allowance Charge Compensation Scheme. Clinicians who have an annual allowance charge for 2019/20 can find more information and the relevant application forms for the compensation scheme on the NHSEI website (for England) or NHS Confed website (for Wales).
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NHS Business Services Authority
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Notes to editors
About the NHS Business Services Authority
The NHS Business Services Authority is an Arm’s Length Body of the Department of Health and Social Care which provides a range of critical central services to NHS organisations, NHS contractors, patients and the public. Its purpose is to be a catalyst for better health and its vision is to be the delivery partner of choice for the NHS. For more information about the NHSBSA, please visit www.nhsbsa.nhs.uk
About NHS Pensions
The NHS Business Services Authority (NHSBSA) is responsible for administering the NHS Pension Scheme in England and Wales. A cornerstone of the NHS’ reward package since its creation in 1948, the NHS Pension Scheme is the largest centrally administrated pension scheme in Europe with over 3.4 million members, and paying over £12 billion annually to its pensioners.