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The employer pays the capitalisation costs to NHS Pensions via a One off Payment.
 
NHS Pensions will issue an invoice to the employer at the time they authorise the award. A copy of the invoice is immediately sent to NHS Pensions Finance too. Payment is due within one month of Finance receiving the invoice copy. If a response is not received within one month NHS Pensions will initiate follow up action.

If a member is taking their pension on the grounds of redundancy and is leaving two posts as a result, the employer who instigated the redundancy would be responsible for meeting any employer capitalisation costs that occur as a result. The cost would not be split between the employers.

Please note: if member dies before capitalisation costs have been paid then costs are still to be paid in full.