Author Topic: NHS Pension Abatement Rules  (Read 1340 times)

NHS Pension Abatement Rules
« on: 24 March, 2018, 06:44:59 am »
Having retired I'm planning to do some part time work and need to make sure I've understood the rules correctly.
I'm not allowed to earn more (pension + PT salary) than I earned before retiring.
So pre-retiring salary circa £33K/PA, Pension £11K/PA I am allowed to earn £22K/PA before my pension gets abated?

That's sounds simple but I want to be sure I haven't missed something in the small print. Also is the calculation done on monthly or annual earnings?

The other thing I can't find an answer to is whether earnings from NHSP (the Governments inhouse NHS Agency) counts as NHS earnings or Agency earnings?

Re: NHS Pension Abatement Rules
« Reply #1 on: 24 March, 2018, 07:42:30 am »
I assume you’ve retired under the 1995/2008 scheme.

The earnings restriction only applies if you retire before the age of 60. Once you pass that age - the normal retirement age for the scheme - you can earn what you like.

The other questions, I’m not so sure -
- my guess would be annual earnings as bank work is common after retirement and will naturally vary month to month.
- don’t know, sorry.
I am often asked, what does YOAV stand for? It stands for Yoav On A Velo