Posted July 28th, 2010
I am often asked what forms are needed to enable a cash equivalent transfer value (CETV) to be calculated by the NHS Pensions Agency.
To enable the NHS Pension Agency to calculate the CETV they require pay and membership details from you and your employer. NHS Pensions rely on NHS employers to provide details of pensionable pay and membership of the NHS Scheme.
The forms required depend upon whether you are a contributing member or not.
Contributing member (or leaver within the last 12 months)
Form PD2 needs completing by your employer – a separate one is required for each NHS employment. Form PD1 needs completing by you.
Once both are completed, you need to send it to NHS Pensions, Hesketh House, 200-220 Broadway, Fleetwood, Lancashire, FY7 8LG.
Non contributing member
Form PD1 only needs to be completed and returned to the above address.
They aim to provide the CETV within 6 weeks. Note that occupational schemes have 3 months to provide the CETV. You can pay extra to receive the CETV more quickly.
To avoid delays it is important that the forms are completed accurately. I am happy to provide further information on how the NHS deals with pensions on divorce.
If you require any further assistance, please contact us on 0800 092 1229 or email firstname.lastname@example.org