The NHS pension contribution thresholds in England and Wales for 2023/24 have been slightly revised following responses to a Government consultation that raised concerns about the calculations.
This adjustment is made annually to ‘reduce the possibility for a small number of members to have a take-home pay reduction as a result of crossing tiers due solely to an increase to the AfC pay bands’, the DHSC said.
Read more – Management in Practice (25/5/23)