answer text |
<p>We intend in due course to devolve funding for the increased employer contribution
rate in the NHS Pension Scheme although a date has not yet been set. For 2019/20,
the Department, NHS England and NHS Improvement and the NHS Business Services Authority
agreed a transitional arrangement to distribute the pensions revaluation funding following
an increase to the employer contribution rate from 14.38% (inclusive of the 0.08%
administration levy) to 20.68% from 1 April 2019.</p><p>The employer contribution
cost arrangements for 2020/21 will be confirmed in the 2020/21 Operational Planning
Guidance document which will be released towards the end of January 2020.</p><p> </p><p>
</p><p> </p>
|
|