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NHS pension
Comments
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Have you tried calling the NHS pension helpline? They will be able to answer your questions and hopefully guide you in the right direction.0
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If there is ANY likihood of returning to the NHS in the future you should probably leave your existing contributions in the scheme. Once it's gone, it's gone...Once it's gone, it's gone - so remember...
Pay for the things you need before you dream about the stuff you want :think:0 -
OP - "It would cost me £1850 per £250 of additional pension purchased which sounds like an okay deal to me "
Does this rate apply to everyone in NHS or is the £1,850 a % of employees salary?
Is this a good deal?0 -
spartacus173500 wrote: »OP - "It would cost me £1850 per £250 of additional pension purchased which sounds like an okay deal to me "
Does this rate apply to everyone in NHS or is the £1,850 a % of employees salary?
Is this a good deal?
How much it is depends on your age and exactly what options you choose. If interested get an individual quote from the NHS. You can use the calculator on their website.
http://www.nhspa.gov.uk/PDweb/PensionCalculators/AdditionalPension/index.htm
Once you know how much you can decide if it's a good deal or not.0 -
First of all, definitely speak to NHS pensions and get a definitive answer to all of your questions.
Secondly, speak to your manager - forgive me if you have already done this, but it sounds as if you haven't. Explain your dilemma and ask what may be done. As a NHS employee for my whole working life, I have known similar situations that have been dealt with in many different ways. Eg: long-term unpaid leave (usually up to a year); changing the contract to "bank" or "sessional". When I did the latter, I paid into my pension on a pro-rata basis.
However, rules may have changed, and certainly I don't know the details. It is a shame your HR department were previously unhelpful, but your manager can access HR advice and this may be helpful.0
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