Category: NHS pensions

Advice on NHS pensions and superannuation for GP locums

Ten common questions about GP locum pensions

Essential info on Locum Form A and B.

NHS pensions

Type 2 pension form deadline extended by one month

PCSE has granted the extension following the changes to pensions from 1 October 2023.

NHS pensions

Video: Starting out with GP locum accounts

Adrian Cousens, director of RSM UK, presented a half-hour event with a Q&A for NASGP on 5 October.

One in ten practices at risk now half of GPs over retirement age

Pressure on practice budgets and workforce have made GP partner and salaried roles increasingly unappealing for GPs.

Lowest-earning GPs to pay higher NHS pension contributions

But GPs with pensionable earnings of £75,633 per year or more will pay lower NHS pension contributions rates from April 2024.

NHS pensions

GP locum pension forms updated on LocumDeck

LocumDeck has already introduced the new pension forms to be used from October 2023 onwards.

NHS pensions

Spring Budget slowed NHS Pension drop-outs, FOI finds

Join our free event, 'Starting out with locum accounts', to learn more about how to manage your NHS pension, and how the McCloud remedy affects you.

NHS pensions

GPs to get final McCloud remedy, compensation

GPs may benefit from proposed changes to NHS Pension Scheme Regulations according to a new Government consultation.

NHS pensions

Higher GP pension tiers outstripped by cost of living

Proposed increases bite amid cost of living crisis.

Inflation and the NHS Pension: proposed changes

Good news about your NHS pension scheme and annual allowance, writes Kirsty McGaun.

Lifetime Allowance swept away in Spring Budget 2023

AA raised to £60k, negative growth can be offset and tapered AA now £10k.

New pension flexibility for 1995 and 2008 scheme members

As of April 2023, it is proposed that members of the 1995 and 2008 sections of the NHS pension scheme can access their pension and lump sum without the need to ‘retire and return’.

Changes to make GP retirement more flexible, ministers claim

The Government claims changes to NHS pension such as removing the 16-hour-a-week rule will allow more retirement flexibility, Pulse reports.

NHS pensions

GPs should ‘assume excess AA growth’, specialist IFA advises

Use the Ready Reckoner to estimate NHS pension cost and growth, McGaun added.

How to report excess AA growth without figures

Plus, two postponements that may affect GP pensions.

GPs’ deadline for Type 2 certificates looms

EOY certificates must be in by Tues 28 Feb.

NHS pensions

GPs urged to respond on pensions taxation

GPs should protect their pensions by responding to a new government consultation on taxation, the BMA’s National Clinician Adviser on Pay & Pensions and deputy chair for pensions advised.

NHS pensions

GP pensions issues ‘cost thousands’ in fees and sessions

GPs report spending thousands in legal fees, and ‘a session a week’ on paperwork.

NHS pensions

How to file pensions paperwork from 1 Oct 2022

Find out how to use pension forms on LocumDeck to apply new pension contribution rates

NHS pensions

BMA: Gov’s pensions solutions are ‘sticking plasters’

Dr Vishal Sharma warned that inflation and problems with the Finance Act meant that many GPs will be forced into retirement by huge tax bills on ‘non-existent’ pensions growth.