Should I transfer my NHS pension?

Should I transfer my NHS pension?

In order to ensure that your pension from your current employment fully reflect all your pensionable service you should consider transferring your service. There are three separate NHS pension schemes; one for England and Wales, one for Scotland and one for Northern Ireland.

Where can I get advice on my NHS pension?

If you have any questions about NHS Pensions, contact us by:

  • Telephone: 0300 330 1346. Outside UK: +44 191 279 0571.
  • Email: [email protected].
  • Twitter: direct message @nhs_pensions.
  • You can write to: NHS Pensions,
  • Telephone: 0300 3301 346Find out about call charges.

Can I transfer my NHS pension into a private pension?

If you decide to opt out or leave the NHS Pension Scheme, you may be able to transfer your pension benefits to another pension provider. A transfer payment is worked out by converting the value of your pension rights to a Cash Equivalent Transfer Value (CETV).

How long does a NHS pension refund take?

3-10 working days
Q How long does a refund take to pay? A Once an employer has submitted the application for a refund of pension contributions (RF12) form to NHS Pensions electronically, payment can be received in your bank in 3-10 working days. A payable order will be issued within 5–10 working days.

Can you get a refund of pension contributions?

If you leave your pension scheme within two years of joining, you might be able to get your contributions refunded.

Can I take my NHS pension at 55 and still work?

You may be able to retire early and take your pension benefits if you’ve been, both: a member for a minimum 2 years’ too ill to work in your present job.

Can I get a refund of my NHS pension contributions?

A refund is not possible as entitlement to pension benefits will now exist. This still applies even though you will have less than the normal two years qualifying membership required for deferred pension benefits.

How do I get my NHS pension refund?

To claim a refund you will need to complete an RF12 form and submit this to your employer. The form can be found on our website. If you have more than one NHS employer you only need to submit one RF12 form and this should go to the most recent employer to which the refund period relates.

How do I refund my NHS pension?