Pensions  

Govt to announce further changes to NHS pensions

“While flexibilities may help in the short-term, what is needed is a drastic overhaul of pension tax regulations, including the damaging annual allowance and tapered annual allowance, to stop this absurd situation and avert this grave threat to our NHS workforce and patients – and we will continue to push the government for this crucial change.”

Last week (August 1) the BMA revealed that out of 6,170 GPs and hospital members, 31 per cent of respondents have already reduced their work commitments due to pension tax charges.

As a result of these charges, 42 per cent of GPs reduced their hours, while 34 per cent planned to do so.

Additionally, 30 per cent of consultants reduced their hours while 40 per cent planned to do so.

Mark Cheetham, a surgeon and care group medical director at Shrewsbury and Telford Hospital NHS Trust, has also launched a petition calling on the government to abolish the tapered allowance.

At the time of writing, the petition had secured 14,483 signatures.

When a petition receives 10,000 signatures, the government will respond and if it gathers 100,000 signatures before January 31, the petition will be considered for debate in parliament.

The petition is available on the parliament petitions website, link here.

amy.austin@ft.com

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