The below sets out the sum of gross annual pensions from benefit elements set for the years 2016 – October 2020. The totals are for members who were over normal pensionable age on their last day of service. Otherwise, members would be due a refund.

Year
Sum of gross annual pension
2016
£5,998,458.10
2017
£7,510,884.33
2018
£5,783,112.38
2019
£6,610,079.51
2020 (Up to October)
£3,916,917.46
Where the initial pension or death lump sum is awarded are life assurance are these monies be paid from the NHS Pension Scheme fund or covered by other insurance?

When a member dies in pensionable service a ‘death in service’ lump sum is payable regardless of the length of that person’s NHS Pension Scheme membership. The lump sum is broadly based on twice the person’s pensionable income at death. 
 
Where death benefits are awarded they are paid from the NHS Pension Scheme.  All NHS pension benefits (including death benefits) are guaranteed by HM Treasury. Benefits are not payable from any insurance scheme or the NHSBSA’s budget.  

The information supplied to you continues to be protected by the Copyright, Designs and Patents Act 1988 and is subject to NHSBSA copyright. This information is licenced under the terms of the Open Government Licence detailed at:
http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/ 

Should you wish to re-use the information you must include the following statement:
“NHS Pensions, NHSBSA Copyright 2019” This information is licenced under the terms of the Open Government Licence:

http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/ 

Failure to do so is a breach of the terms of the licence.

Information you receive which is not subject to NHSBSA Copyright continues to be protected by the copyright of the person, or organisation, from which the information originated.  Please obtain their permission before reproducing any third party (non NHSBSA Copyright) information.