Total Reward Statements: employer actions for April and May

As the new NHS Pension Scheme year begins, April marks the start of the most important phase of the Total Reward Statements (TRS) process for employers.

To support the accurate production of staff statements later in the year, employers should now be focusing on the following actions.

Check and clean pension data

From April, employers should review pensionable pay and service information up to 31 March, ensuring records in ESR are complete, accurate and up to date. Errors or missing data at this stage will feed directly into staff total reward statements and annual benefit statements. 

Prepare for the 31 May deadline

Employers are responsible for submitting annual pension updates so records can be refreshed to 31 March. All required data must be updated by 31 May to be reflected in the main TRS release later in the year.

Review local benefits content

April is an ideal time to check that any local benefits information shown on TRS is current, accurate and relevant. Keeping this content up to date helps staff understand the full value of their reward package.  

Confirm TRS contacts and responsibilities

Employers should ensure their nominated TRS contacts are correct, and that responsibilities for data submissions and queries are clear within the organisation. NHSBSA uses these contacts to manage issues during statement delivery.
 
Further updates will be shared as we move through the TRS timeline.