Calculating the top-up amount I can pay into my pension pot

Yukster

payless said:

As stated the annual growth in the value of your NHS pension is the amount used to assess how much AA used… see NHSBA site. 

Can you please point me to where it says that on the nhsbsa website.

Dazed_and_C0nfused

Try this,

https://www.nhsbsa.nhs.uk/member-hub/annual-allowance

Yukster

Dazed_and_C0nfused said:

Try this,

https://www.nhsbsa.nhs.uk/member-hub/annual-allowance

Thanks. There's a lot there about AA, but I couldn't find where it says specifically that the growth amount is the amount that counts towards my AA

MX5huggy

Yukster said:

Dazed_and_C0nfused said:

Try this,

https://www.nhsbsa.nhs.uk/member-hub/annual-allowance

Thanks. There's a lot there about AA, but I couldn't find where it says specifically that the growth amount is the amount that counts towards my AA

Try this linked if that page https://www.nhsbsa.nhs.uk/sites/default/files/2020-01/Process%20for%20calculating%20the%20Annual%20Allowance-20200128-%28V4%29%20.pdf

cloud_dog

For people (OP) attempting to calculate the PIA you need to use your salary as of the end of this FY, which tou may be able to do if the NHS agreed to a multiple year set of rises previously.

Just for information, I recently undertook this calculation (I can as my pension salary increase is limited to 1%, and that is my worse case scenario) and considering the PIA was £0 last year, this year it is almost a quarter of the AA.