If you are looking for general information on understanding your statement, you can watch a recording of the recent 'Your Total Rewards Statement Explained' event on YouTube. This video will also explain why your TRS will look different if you are affected by McCloud.
For some areas of the statement, there's specific information available for both:
Information on how to understand the details on your statement.
Information about the benefits you may get if you are a member of the Scheme.
Information about how your pay is used to calculate your benefits.
How we calculate your estimated NHS pension.
Information about the lump sum you might get for the Scheme you're in.
A pension may be paid to your surviving spouse, registered civil partner, or qualifying partner.
Hypothetical annuity cost is the likely cost of buying similar benefits on the open market.
How your membership totals have been calculated on your statement.
Information about the contributions paid into the Scheme.
Information on exchanging part of an annual pension for a lump sum.
In the event of your death, a lump sum and pension benefits for your dependant's may be payable.
Changing a nomination and finding out your current nomination.
Information about your normal pension age.
Important information and Scheme disclaimers.
Information to raise awareness on pension scams.
Information for independent financial advisors.
