Latest News

Suspension of Cash Equivalent Transfer Value Calculations

Friday, 04 November 2011 12:39

Important InformationOn 26th October 2011, HM Treasury issued revised guidance for the calculation of CETV's payable from public sector schemes. The guidance is currently being considered by the Scheme Actuary.  As a result, the factors used to calculate transfer values and membership credits for schemes that do not participate in the Public Service Transfer Club, have been temporarily suspended. 

Read more: Suspension of Cash Equivalent Transfer Value Calculations


Annual Report and Accounts Published

Tuesday, 18 October 2011 14:52

annual accountsAfter being laid before the Scottish Parliament, SPPA has now published its Annual Report and Accounts for the year 2010-2011. This reporting period has delivered both success and challenge in equal measure. The Agency has continued to implement its multi-year programme of business change which aims to enhance the efficiency, quality and effectiveness of its core pensions administration service.



Monday, 26 September 2011 00:00

As people are living longer and likely to enjoy a longer retirement, the UK Govt is introducing Workplace Pension reforms. All the recommendations of the Independent Review on Workplace Pension reforms have been accepted and the Government is now taking these forward in the Pensions Bill 2011 which received Royal Assent in July 2011.     

One of the key changes being introduced is “Automatic Enrolment” which will be introduced from Autumn 2012 (implementation date from 1st October 2012).   

Automatic Enrolment is the core employer duty of work-based pensions reform. It means that employers must automatically place all eligible employees into their pension scheme and advise them that they have done so.  

Currently all employees who are eligible under scheme regulations (aged between 16 and 75 or aged 65 for special class members) are automatically included in the relevant section of the scheme unless they complete a form to opt out.  

Read more: Auto-Enrolment


About to Retire?

Thursday, 08 September 2011 14:56

paymentIf you are retiring as a member of the Teachers' or NHS scheme we would like to help you prepare by highlighting that pensions are paid on the last banking day of each month into your nominated bank account. Depending upon your date of retirement your first pension payment may only be for a part month. Further information

With regard to taxation issues we would advise that you contact HMRC to inform them that you are to be in receipt of a pension from the SPPA.


Employer Newsletters

Friday, 26 August 2011 10:43

SPPA has recently published Newsletters for all NHS and STSS Employers. 

Topics covered include Pension Reforms Update, Information on Tax and Auto-enrolment aswell as a reminder of recently issued Circulars.

Follow these links to view the Newsletters

STSS Newsletter

NHS Newsletter


Parliamentary Statement on public sector pensions reform

Tuesday, 19 July 2011 13:36

scottish parliamentIn response to the UK Government's announcements on increasing public service pension contributions and the recent report by Lord Hutton of Furness, The Scottish Government's Finance Secretary, John Swinney, made a Parliamentary Statement on public sector pensions reform on 22nd June 2011.

Read more: Parliamentary Statement on public sector pensions reform


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Link to Scottish Government Website