Chartered Financial Planner based in the UK.
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NHS PENSION - This video follows the previous one, NHS PENSION EXPLAINED. We look to answer some of the common questions raised as follows:

⏰
0:00 - Introduction
0:50 - Contribution Levels & Pay Band Examples
2:22 - Total Reward Statement Example
4:35 - When and how can I take my various NHS Sections?
5:53 - What impact does taking my NHS pension early have?
8:37 - NHS document on returning to work having retired previously.

Please be aware this video relates to NHS Staff (Officers) only and not Practitioners. This is only in relation to the NHS Pensions Scheme in England and Wales.

Link to see impact of opting out or into the NHS Pension Scheme:
https://www.nhsbsa.nhs.uk/sites/defau...

Link to see the impact of retiring early:
https://www.nhsbsa.nhs.uk/sites/defau...

Link to document on returning to the NHS having taken your NHS Pension:
https://www.nhsbsa.nhs.uk/sites/defau...

NHS PENSION EXPLAINED:

   • NHS Pension Explained 1995, 2008 & 20...  

🗒 Please note:
The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow.

All references to taxation are based on my understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances.

This channel is for information and education purposes only. Any information or guidance given does not act as financial advice. Please consult a financial adviser if you are unsure in anyway.

Keep in mind that the value of your investments can go down as well as up, so you could get back less than you invest.

⭐ My aim is to provide education and guidance to help individuals understand pensions, investments and protection.

#nhspension #nhs #edmundbailey