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Replace Line in the Retirement Agreement

Replace Line in the Retirement Agreement

Aug 6th, 2022

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

What are the new NHS pension rules for 2023?

Your employer does have the right to change your working hours as they see fit if you do not have an employment contract in place that specifically states your hours of work. However, there are some legal obligations that must be met in order to do so.

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

Retire and re-join the NHS Pension Scheme (from 1 April 2023) If youre not ready to stop work altogether, you can retire and take your full pension, then return to work after a short break and re-join the NHS Pension Scheme to keep building your future pension benefits. This is called retire and re-join.

Can my employer change the notice period in my contract?

If you dont agree with changes to your employment conditions. If you dont agree, your employer is not allowed to just bring in a change. However, they can terminate your contract (by giving notice) and offer you a new one including the revised terms - effectively sacking you and taking you back on.

How much is an NHS pension?

Your contributions from 1 October 2022 Pensionable salary range from 1 October 2022 (the new salary ranges have been consulted on and will be published shortly on .gov.uk):Contribution rates from 1 October 2022 (based on actual annual pensionable pay):Up to 13,2465.1%13,247 to 16,8315.7%16,832 to 22,8786.1%8 more rows

When can I take my NHS pension?

From age 55 youll be able to take between 20% and 100% of all your pension benefits in one or two drawdown payments, without having to leave your current job. Read your options for a flexible retirement.

Will my NHS pension be affected?

NHS Pensions is required to abate your pension to take into account that you may also receive a State Pension. This is if youre in receipt of your state pension or have deferred payment of this. The reduction will be from when you become eligible to receive it.

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