Estimated pension benefits and annual benefit statements

Administrators of occupational pension schemes have a legal duty to provide scheme members with regular details of their pension benefits.

SPPA automatically produces Annual Benefit Statements (ABS) for NHS pension scheme members who are currently in active employment.

Members who have left NHS employment with preserved benefits and are below their normal pension age can contact the SPPA to request up to date information.

Pension benefit estimates

While we make every effort to ensure estimates are accurate, we can only provide exact figures when your final pay and service details are known and an application for retirement benefits has been made.

 

Accessing your annual benefit statement

If you're in active employment, you can register for our online member service where you can access and print copies of your annual benefit statement.

Your annual benefit statement estimates your pension benefits accrued up to the end of the most recent financial year based on your pensionable service and / or salary details as confirmed by your employer.

If you are a Practitioner, your benefit statements will be available 12 months in arrears. More details about Practitioner benefits can be found here or by contacting the team directly.

Preserved members

If you have already left NHS employment, as a preserved member the SPPA can provide an estimate for you once during each calendar year. Increases to preserved pensions are very small therefore please keep requests to a minimum.

You can find out more about Preserved benefits here. Please submit your pension application form 4 months prior to your NPA.

If you haven't reached your minimum pension age, or won't be claiming your pension within the next 12 months, we can only provide an estimate of your pension’s current value.

Again, if you intend to claim your pension before your normal pension age, the estimate will take into account any applicable reduction for early payment.

We can accept estimate requests made by telephone, in writing or by email.

The following information is required

  • Superannuation / SB number
  • National Insurance number
  • name and home address
  • date of birth
  • details of the information required.

Ill health retirement

If your NHS HR or Occupational Health department considers ending your employment on the grounds of ill health, we can provide an estimate of what your benefits will be.

If you've already left the NHS with your benefits preserved in the scheme and you're too ill to carry out any form of employment, we can also estimate your likely benefits.

While there's no minimum age for requesting an estimate of ill health retirement benefits, they can only be paid subject to your application being assessed and approved by an independent Medical Adviser - see our NHS Ill health retirement section.

Premature retirement due to redundancy or interests of efficiency of the service

If you've reached your minimum pension age and are due to leave the NHS through redundancy or in the interests of efficiency of the service, your employer can request an estimate of your potential benefits.

Authorising a financial advisor to contact the SPPA

If you are in active employment and require information for your financial advisor, please access your online annual benefit statement for the relevant information.

If you have left NHS employment

We are able to accept requests from financial advisers as long as they can provide a mandate, signed by you authorising the release of the requested information

Calculators

As well as annual benefit statements we have a range of calculators that can be used by members still in active employment. These can be used to estimate to future dates and scenarios of your choice

Please note: Our calculators are only available for members with a minimum pension age of 55. If you have a minimum pension age of 50 you'll need to contact us to request an estimate, however you must be within 12 months of your intended retirement date to receive one.

Pension lump sum choice

If you have decided to retire but are unsure whether to convert some of your annual pension into an additional tax free lump sum, please tick further information in section 4 page 10 of your application form. The SPPA will then provide exact information for you to make a decision prior to your pension being put into payment. 

Projected pension estimates

The SPPA does not provide estimates projecting your possible pension benefits to a future date for the use of financial advisors or for mortgage purposes.

 

 

 

 

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