Countdown bulletin 41

21 January 2019

Although contracting-out came to an end in April 2016, schemes are still submitting termination and transfer notices with end dates on or after 6 April 2016.

The National Insurance Services to Pensions Industry (NISPI) countdown bulletins provide additional guidance for pension scheme administrators to enable them to make sure all individuals contracted out pension rights are secured correctly.

Countdown bulletin 41 – January 2019 has updates on:

·         Scheme financial reconciliation update

·         Scheme financial reconciliation in scheme cessation

·         Contributions Equivalent Premiums (CEP)

·         Resubmission Responses


Previous editions of the Countdown Bulletin are also available on GOV.UK.