Doctors: Pensions

(asked on 13th July 2020) - View Source

Question to the Department of Health and Social Care:

To ask the Secretary of State for Health and Social Care, what plans his Department has to further reform and simplify the annual allowance for NHS doctors' pensions to prevent financial penalties for working.


Answered by
Helen Whately Portrait
Helen Whately
Minister of State (Department of Health and Social Care)
This question was answered on 6th August 2020

The Chancellor announced changes to the annual allowance taper thresholds in the March 2020 budget.

Following the changes, no one with net income before tax below £200,000 will be caught by the tapered annual allowance. We estimate that this will take up to 96% of general practitioners and up to 98% of National Health Service consultants outside the scope of the taper. Those who still experience tapering are the very highest earners in the NHS.

We are continuing to work with NHS Employers to ensure that NHS staff have access to information and advice about their pensions.

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