Pension Savings Statement and Pension Taxation Frequently Asked Questions (FAQs)

Will I receive a Pension Savings Statement?

Civil Service Pensions will issue a Pension Savings Statement to all members who have breached the standard Annual Allowance limit of £60,000.

When will I receive my Pension Savings statement?

We will issue statements to be with you by 6 October which is the legislative timeline given by HMRC.

How many Pension Savings Statements will I get?

The number of statements you have received is dependent on your scheme membership:

• if you are a member of alpha and have never been a member of the Principal Civil Service Pension Scheme (Northern Ireland) [PCSPS(NI)] (Classic, Classic Plus, Premium or Nuvos) then you will have received a single alpha statement
• if you have been a member of the PCSPS(NI) and have moved into alpha then you will have received a separate Pension Savings Statement for the PCSPS(NI) and one for alpha. Even if you have not exceeded the Annual Allowance in either scheme individually, we check to see if you have breached the limit in both schemes combined and issue a Pension Savings Statement for each scheme separately.

Members who are affected by the 2015 Remedy and breached their Annual Allowance limit at any stage during the Remedy Period (1 April 2015 – 31 March 2022) and/or the 2022/23 tax year, will also be due a Remedy PSS and will receive both documents at the one time. Please note that the action required for the Remedy PSS is different.  Please see the enhanced pension savings annual allowance calculator

Who do I contact if I have a question about my Pension Savings Statement?

If you have any questions which are not answered in these Frequently Asked Questions please contact Aine Warnock at:

• cspensions@finance-ni.gov.uk (marking FAO Aine Warnock)