NHS Defered member accruals
Ralfos
Member
Hi all
Is anyone fairly confident around the above scenario? Got myself in a bit if a muddle trying to work out if client has accrued (pension input) or not!
Client was a member of 1995 scheme and 2015 scheme.
He ceased being a member of 95 scheme in April 22 and was deferred till Jul 31st when the pension came into payment.
He was also a member of the 2015 scheme during this time, leaving July 31st 2022.
He has now re-joined the NHS and is in the AE NEST scheme.
I'm trying to establish if he will have an AA charge by trying to work out his accruals April 22- July 22.
I believe he may be a 'deferred member carve out' in relation to the 1995 scheme and perhaps the 2015 scheme (but accruals will be v low here anyway).
Can anyone confirm if he would be a carve out candidate and if not, can we find out the relevant percentage/statutory increases? These seem to be the relevant statutes but I'm getting a bit out my depth now!
https://www.gov.uk/hmrc-internal-manuals/pensions-tax-manual/ptm053910#IDATGHLD
https://www.gov.uk/hmrc-internal-manuals/pensions-tax-manual/ptm053920
Any help most appreciated
cheers!
Comments
Or is there no input as they were deferred during the whole input period?
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.nhsbsa.nhs.uk/sites/default/files/2017-04/Annual%20Allowance%20FAQ%20%2804.2017%29%20V5.pdf
You need to look at each arrangement separately and whether they are active or deferred is a matter of fact based on the circumstances.
The 95 section appears deferred, the 2015 does not.
But I'm by no means an NHS pensions expert
Thanks Les. Appreciated
If a member retains an 'employment link' to a DB scheme that's closed to future accrual eg a salary link, then the carve-out isn't applicable.
Yes, if your service is stagnant but you have a link to a final salary then you're clearly an active member.