NHS Pensions: Frontline Patient Care

Jim Shannon Excerpts
Thursday 17th July 2025

(1 day, 20 hours ago)

Commons Chamber
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Karin Smyth Portrait Karin Smyth
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I am totally focused on remedying this situation and learning from the mistakes. If further action is required, I will happily update the House at that point. My absolute focus at the moment is on getting everybody in that organisation and the independent review focused on sorting out the pension situation for those who have already lost out.

Jim Shannon Portrait Jim Shannon (Strangford) (DUP)
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As always, I thank the Minister very much for her answers. I recently read an article that referred to the mechanism of the NHS pension scheme as a “Ponzi scheme”, which gives me great concern about the scheme’s ability to cope in 20 years’ time. How do the Government and the Minister intend to convert the transitional arrangement in place since 2019—of topping up pensions from another source—into permanent and transparent arrangements so that we can stop robbing Peter to pay Paul and ensure that those who are working 70 hours a week in 2025 have a real pension and retirement fund in 2065?

Karin Smyth Portrait Karin Smyth
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The hon. Gentleman tempts me to stray further from the urgent question, but he raises an important point, further to the one raised by the hon. Member for West Worcestershire (Dame Harriett Baldwin), who is a trustee of the parliamentary contributory pension fund.

The NHS pension scheme is an extremely important part of the reward package that NHS staff at all levels absolutely deserve. We want to ensure that it, like the rest of the NHS, is fit for the future. If hon. Members have suggestions for how to make it work better, as part of ongoing discussions, I am happy to hear them.