Publish date: 28 March 2025
The annual NHS pension rebanding process will take place over the weekend of 4 to 6 April 2025. This process is essential to ensure that all colleagues are contributing to their pensions at the correct rates based on their earnings.
Why this happens: The NHS pension rebanding process is conducted annually to adjust the pension contribution rates for colleagues based on their pensionable earnings. This ensures that contributions are fair and accurate, reflecting any changes in earnings over the past year.
Contribution rates: There are no changes to the employee’s or employer’s contribution rates for 2025. However, the earnings thresholds for the NHS Pension Scheme have been updated as follows:
Key points to note:
The rebanding process will assess all assignments who are members of the NHS Pension Scheme as of 31st March 2025