In December 2019, the Welsh Government announced that clinical staff who go over their annual allowance for the 2019/20 tax year and who use scheme pays to pay the tax charge can be compensated in retirement for any reduction to their NHS Pension Scheme benefits.
The announcement gave assurance to clinicians that they could undertake any combination of clinical roles for the NHS during the 2019/20 tax year, including additional work relating to the coronavirus response, without suffering any financial loss as a result of the annual allowance taper.
Clinicians in Wales who have received a pension savings statement for the 2019/20 tax year or think they may have an annual allowance charge in respect of your NHS Pension Scheme benefits, can find more information about the 2019/20 Pension Annual Allowance Charge Compensation Policy, whether they’re eligible and how to apply on the NHS Confed website.
To apply, clinicians will need to complete an application form and ask their employing authority to complete the part of the form confirming their clinical eligibility for the scheme.
You can find resources for employers, a downloadable copy of the application form and details of how to confirm eligibility at www.nhsconfed.org/NHSPensionsWales