We are consulting on a new set of proposals to offer senior clinicians more control over their pensions growth, so they can continue to provide the services that patients need.
Senior NHS clinicians are concerned that pension tax charges are making them retire early or change their working habits.
The new plans go significantly beyond the 50:50 flexibility previously proposed. The new proposals include:
- a ‘flexible accrual’ option where members can choose an accrual level in 10% increments
- the option to ‘fine tune’ pension growth towards the end of the scheme year, when total earnings are clearer
Have your say on a new set of proposals to offer more flexibility to senior clinicians in the NHS Pension Scheme. This consultation closes at 11:59pm on 1 November 2019. The consultation document is available to view on GOV.UK (LINK TO HERE https://www.gov.uk/government/consultations/nhs-pension-scheme-increased-flexibility)
The Department of Health and Social Care welcomes any comments or views on the proposals set out.