CS Employers Q3 2024 update

We’re pleased to announce that registration for the Autumn Regional Employer Forums (REFs) is open. Spaces are limited, so reserve your place now. 

There are approximately 8,800 members who will not receive their ABS by the 31 August 2024. These are members affected by Remedy with a Deferred Choice Underpin (DCU) and who:

Purchased EPA/EEPA during any of the Remedy period (1 April 2015 – 31 March 2022).

Are affected by data issues which prevent an ABS being produced at this time.

We have updated the FAQs 2015 Remedy (McCloud) FAQs - Civil Service Pension Scheme and we will send a further EPN when these ABS are available.

Members impacted by the 2015 Remedy, who qualify for a Pension Savings Statement (PSS), will receive a PSS for personal Tax Assessment for the Remedy period and 2022/2023 tax year (inclusive), known as the ‘Remedy PSS’.

We will start to distribute Remedy Pension Savings Statements (PSS) from 27 August and all Remedy PSS distribution is due to be completed by 6 October 2024.

Members will need to use the information provided in their Remedy PSS to check whether they have any tax liability for the years covered

Because these members have had their pension benefits rolled back to the Legacy scheme for the Remedy period, members may find that they now have additional tax charges to pay, or a repayment may be due. There could also be a tax charge to pay for the 2022/2023 tax year.

Any tax charge for the Remedy period or for 2022/2023 must be reported using HMRC’s Public Service Pension Adjustment Calculator.

The Remedy PSS covering letter explains what members will need to do. Further information and support materials will be available via a dedicated Remedy PSS page on the Civil Service Pensions Scheme website.

Any member also due to receive a PSS for the latest 2023/2024 tax year, will receive it separately, after their Remedy PSS.

The Scheme Administrator (MyCSP) has updated the five Employer Administration Guidance (EAG) modules. These are now available on the learning platform.

Employers are required to ensure that all five of the updated modules are re-completed between now and 31 March 2025.

The e-learning modules are designed to be completed by pension leads and staff who may have delegated responsibility in scheme administration within your organisation.

Previous completions (which were required by 31/03/24) have been re-set to allow for the next completion period.

Registered users can access and complete the modules using their existing EAG login details.

If you need to amend any existing users, you should send your request to ERMs@mycsp.co.uk. Your request should detail who you want to remove and replace. Please note: Pension Leads must remain as a registered user.

If you have not yet registered for the learning, please follow the steps in EPN580.

If you have any questions about the Employer Administration Guidance, please email ERMs@mycsp.co.uk.