NHS Pension Cash Flow Analyzer

Client-Side Scenario Modeller • Illustrative Calculations

📖 Modeller Guide
Browser-Based Modeller
Illustrative model only. Tax estimates use 2026/27 England, Wales and Northern Ireland bands and simplified pension assumptions. Confirm decisions against your NHS statements and current HMRC guidance.

1. Statement Import

PDF import is not connected yet

Use the progressive inputs below for now.

📋 2. Pension Inputs

Start with the required essentials, then add detail only where it improves the result.

Start here

* Required for an initial estimate. Everything inside the accordions is optional and improves reliability.

61

The initial estimate treats pre-2015 legacy service as 1995 Section benefits. The 2008 Section is not currently modelled.

Enter 0 if none.

10 PAs

1. Improve pension estimate

Optional statement figures replace service-and-current-pay approximations. Leave a field blank to keep its estimate.

Enter the current accrued value, not the ABS projected-at-retirement figure. Future accrual is added separately by this modeller.

Optional: enter an NHS estimate or your own projection. Otherwise the modeller uses a 10-PA whole-time-equivalent salary estimate; Future PAs do not directly reduce it.

2. Improve tax estimate

Exact PIA values are much more reliable than the current-pay approximation.

3. Add Scheme Pays & retirement detail
4. Add membership, PCAR & McCloud detail
Working Net Real Cost

-£0 / yr

AA tax / yr

£0

Net contributions + cash upfront tax obligations
Retirement Net Income

+£0 / yr

Estimated annual payout after incremental pension tax
Total Lifetime Balance

£0

Sum of projected inflation-adjusted cash flows; no present-value discounting or investment-return calculation

True Real-Terms Cash Flows

Values cleanly adjusted back to today's purchasing power

Multi-scenario analysis

Ranks Pareto-efficient scenarios under your selected numeric objective. It does not make a personal recommendation.

Balanced weighting

0 excludes a factor; 5 gives it the greatest influence

Each outcome is first scaled from 0 to 1 across the feasible scenarios, then combined using these relative weights. Equal weights do not mean equal pound values.

PCAR is fixed at the supplied setting.

Choose an objective and ranges, then run the analysis.

The optimiser varies retirement age, future PAs, 2015 membership, 1995-link status and AA payment method. PCAR availability and rate are never varied. Results use the modeller's current constant-real assumptions and should be treated as scenario comparisons.

Pension growth and opt-out comparison

Current AA charge and pension growth

Scheme Pays versus cash

Remain in 2015 Scheme versus opt out

1995 link retained versus broken

This is a marginal scenario comparison, not an investment return. It assumes the selected pay, PIA and tax conditions repeat in real terms. Opting out may also affect ill-health, death and dependant benefits, which are not valued here.

Model confidence

Indicative
Input completeness 0 / 6
0–1 Indicative
2–4 Improved
5–6 Higher

Points: pension values 0–3; complete Annual Allowance input set 0 or 2; both Scheme Pays balances 0 or 1. This measures input completeness, not statistical certainty.

This remains an illustrative planning model, not an NHS benefit quotation, tax return or financial advice.