NHS pension 95 section

[Gas1883]

My wife has requested the 95 part of here pension , application was checked by her managers & ok,d but we have now received this letter .
1 . We believe the first one is that the person ( witness ) who filled the form in put her down as job fining 25/02/25 , and then job will start 25/02/25 , I believe
there has to be a break between those dates , day , week , we’re waiting to find out what that break is .
2. It then says your witness dates don’t match , but we can only find one date put in by the witness & that looks like his d.o.b , I’m assuming as the date he witnessed was the 25/02/25 that’s the date he should of put down ?
3. Confirm if you would like to take the additional lump sum , we put no for this on the application form ( sec 10.2 ) , but then we filled in the adjacent section b which should of been only if you’d ticked yes , the max tax free amount or
We tried to ring the pension dept , day after day & no one will answer the phone , does our reasoning sound right ? . Thankyou

[Gas1883]

This is the only witness date we can find on form and believe he must of put his dob , not the date he signed it 25/02/25 .

[Gas1883]

This is the section we believe was filled in wrong 10.2 , we put No to a additional lump sum ( 10.2 ) , then when on to fill in the next part even though it said for if you’ve ticked yes ( now tipexed out .

[Downward]

I’d jump onto the NHS pensions facebook page and ask.

It’s all very secretive the NHS pension you don’t really know what your getting at the end and there is a lot of people who don’t know the 95 scheme needs to be taken at 55 or 60 otherwise your losing out.

[Gas1883]

Downward said:

I’d jump onto the NHS pensions facebook page and ask.

It’s all very secretive the NHS pension you don’t really know what your getting at the end and there is a lot of people who don’t know the 95 scheme needs to be taken at 55 or 60 otherwise your losing out.

Thankyou , we will have a look .

[Downward]

Theres a company called Medifinch Ltd who can help with this

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[Gas1883]

Hospital have said there going to look at it Monday now , we will see what they say then have a look at the options put forward on here
Thankyou

[Gas1883]

All sorted now , hospital have rang pension dept , apparently you’ve now got to have 2 weeks off not 24 hrs
Thankyou

[Sport_Turismo_GTS]

Downward said:

I’d jump onto the NHS pensions facebook page and ask.

It’s all very secretive the NHS pension you don’t really know what your getting at the end and there is a lot of people who don’t know the 95 scheme needs to be taken at 55 or 60 otherwise your losing out.

It’s so secretive that all the scheme documentation is available online.

[Downward]

Sport_Turismo_GTS said:

Downward said:

I’d jump onto the NHS pensions facebook page and ask.

It’s all very secretive the NHS pension you don’t really know what your getting at the end and there is a lot of people who don’t know the 95 scheme needs to be taken at 55 or 60 otherwise your losing out.

It’s so secretive that all the scheme documentation is available online.

Yet here we are

Up to 209,553 NHS pension scheme members could be missing out on their pension payments due to a lack of awareness around the recent pension scheme changes, a freedom of information request from Quilter has revealed.

From 1 April 2022, the old NHS pension scheme (final salary 1995/2008) was closed, and all active members were moved to the new the 2015 scheme.

Whilst members were unable to accumulate benefits in the old scheme after this date, a final salary link was established to ensure that any future increases in pensionable pay would still enhance the benefits from the old scheme.

https://www.pensionsage.com/pa/over-200-000-NHS-st...

[Sport_Turismo_GTS]

Downward said:

Yet here we are

Up to 209,553 NHS pension scheme members could be missing out on their pension payments due to a lack of awareness around the recent pension scheme changes, a freedom of information request from Quilter has revealed.

From 1 April 2022, the old NHS pension scheme (final salary 1995/2008) was closed, and all active members were moved to the new the 2015 scheme.

Whilst members were unable to accumulate benefits in the old scheme after this date, a final salary link was established to ensure that any future increases in pensionable pay would still enhance the benefits from the old scheme.

https://www.pensionsage.com/pa/over-200-000-NHS-st...

A lack of awareness is very different to information being secretive or it not being clear what you are getting.
https://www.nhsbsa.nhs.uk/sites/default/files/2024...

[K77 CTR]

Pengage Facebook page offers alot of support for NHS pensions

[Gas1883]

Thankyou for links , yesterday hospital said wife had to have 2 weeks off after talking to pension dept , today pension dept rang her to check she was ok with what they’d put in letter ( fine ) , pension women said why have you put 2 weeks on form , you only need to have 24 hrs off ( confirmed by link above ) , so who did they speak to , or did they speak to anyone .
Hopefully sorted now .

[Gas1883]

Wife has now been told ( apparently comes from high up managers at hospital ) that if she takes the 1995 part of the pension she will not have a job when she should comes back ( 3 others are in the same boat ) .
They’ve been told they have to withdraw the request to keep there jobs , this is all because of the hospital financial position

[sawman]

Individual trusts will be different but many have recruitment freezes in place, even for essential front line staff. When you retire and return, you effectively resign and get rehired on a new contract. This is at the discretion of the employer. There never was a guarantee that you would be re hired but at present it would seem unlikely ( as per your advice)
Partial retirement may be an option as this does not require an interruption in contract.
The nhs is in a mess

Edited by sawman on Friday 4th April 08:46

[cb31]

Downward said:

It’s all very secretive the NHS pension you don’t really know what your getting at the end and there is a lot of people who don’t know the 95 scheme needs to be taken at 55 or 60 otherwise your losing out.

Do you know somewhere I can read about why the 95 scheme should be taken at 55 or 60?

[sawman]

cb31 said:

Do you know somewhere I can read about why the 95 scheme should be taken at 55 or 60?

theres quite a useful facbook page here: https://www.facebook.com/groups/565069481354506/

basically the 95 scheme pension age is 60, but some staff have status that allows them to take at 55 with no penalty.

if you are in the 95 and dont take at these points you will loose the payments you could have had as its not backdated. so say you dont take the 95 until you are 67 which is the pension age for the 2015 you will loose 7 years of payments your could have had. eg monthly payment £1.5K from 95 scheme you would be down 126k

[gangzoom]

sawman said:

Individual trusts will be different but many have recruitment freezes in place, even for essential front line staff.

If you want to read something over the weekend, have a look the NHS 25/26 planning guidance. Overall all NHS organisation are the same as any other organisation when it comes to where the majority of allocated resources are spent........Note the £million key for the accounting data.

https://www.england.nhs.uk/long-read/working-toget...

[sawman]

gangzoom said:

If you want to read something over the weekend, have a look the NHS 25/26 planning guidance. Overall all NHS organisation are the same as any other organisation when it comes to where the majority of allocated resources are spent........Note the £million key for the accounting data.

https://www.england.nhs.uk/long-read/working-toget...

I’ll get to that later…. My TVR sprint has just dropped through the door.
I do hope jim mackey is allowed to drive the changes he feels need making

[Gas1883]

Wife has asked for a upto date forecast for her pension , she will make a decision from there , she has checked & her present hospital is recruiting & others are so she may take it and work at another hospital .
She understands the financial situation within the nhs but feels it ( pension ) was part of the package she signed upto , so is entitled to it , boss rang & asked her what she was going to do , she said likely to take pension & work else where , boss said we will sit down and talk about it Monday , I don’t want to loose you .
It wouldn’t be so bad if by leaving pension for 5 yrs it would make her pension pot larger when she retires , but she will just loose those 5 yrs ( that’s how we understand it )
I’ve said do what you feel is right , the bit that makes no sense is if she goes there still going to have to pay someone to do her job , so no saving finically, and 35 yrs experience lost ..