Thank you for your request for information about the following:

‘Please send me the following actuarial factors currently in use:

1. Cash equivalent transfer value (CETV) factors applicable to the 1995/2008 NHS Pension Scheme (NHSPS)

2. CETV factors applicable to the 2015 NHSPS

3. Pension credit factors applicable to the 1995/2008 NHSPS

4. Pension credit factors applicable to the 2015 NHSPS

5. NHSPS Divorce - guidance notes on the application of the factors for the 1995/2008 NHSPS

6. NHSPS Divorce - guidance notes on the application of the factors for the 2015 NHSPS’

Your request was received on 13 October 2022, and I am dealing with it under the terms of the Freedom of Information Act 2000.

Response

Question 1 and 2

Under Section 21 of the Act, we are not required to provide information in response to a request if it is already reasonably accessible to you.

The link to cash equivalent transfer (CETV) value factors for 1995/2008 Scheme and 2015 Scheme active or deferred members is below

https://www.nhsbsa.nhs.uk/sites/default/files/2019-12/Transfer%20Out%20Factors%20%28non%20Club%29%20-%20under%20Normal%20Pension%20Age.pdf

Question 3 and 4

Under Section 21 of the Act, we are not required to provide information in response to a request if it is already reasonably accessible to you.

Link to Pension credit factors, and cash equivalent value factors for pensioner members

https://www.nhsbsa.nhs.uk/sites/default/files/2019-12/Pensioner%20CETV%20Factors%20%28non%20Club%29%20and%20Pension%20Credit%20factors.pdf

A copy of the information is attached. Please read the below notes to ensure correct understanding of the data.

Question 5 and 6

A copy of the information is attached.

Unfortunately, this disclosure log does not currently support the file type which the requested information has been provided in. If you wish to request the information which was disclosed in response, please contact nhsbsa.foirequests@nhs.net quoting the above reference number.

Data Queries

If you have any queries regarding the data provided, or if you plan on publishing the data please contact nhsbsa.foirequests@nhs.net ensuring you quote the above reference. This is important to ensure that the figures are not misunderstood or misrepresented.

If you plan on producing a press or broadcast story based upon the data please contact nhsbsa.communicationsteam@nhs.net. This is important to ensure that the figures are not misunderstood or misrepresented.

The information supplied to you continues to be protected by the Copyright, Designs and Patents Act 1988 and is subject to NHSBSA copyright. This information is licenced under the terms of the Open Government Licence detailed at: http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/

Should you wish to re-use the information you must include the following statement: “NHSBSA Copyright 2022” This information is licenced under the terms of the Open Government Licence:

http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/

Failure to do so is a breach of the terms of the licence.

Information you receive which is not subject to NHSBSA Copyright continues to be protected by the copyright of the person, or organisation, from which the information originated. Please obtain their permission before reproducing any third party (non NHSBSA Copyright) information.