Pension annual allowance charge compensation scheme deadline: 31 March
February 25, 2022
The deadline for the 2019/20 pension annual allowance charge compensation scheme is fast approaching (Thursday 31 March).
The 2019/20 pensions annual allowance charge compensation policy compensates clinicians in retirement for any pensions annual allowance charges they incurred during 2019/20.
This applies where ‘Scheme Pays’ is used to meet those charges as they fall due.
If you have not already done so, applications can be submitted up until Thursday 31 March. The application form can be downloaded from NHS England’s website by clicking here. This website also contained more detailed information about the policy.