c
Contact Us

‪0161 504 8999‬

info@nasgp.org.uk

Inflation and the NHS Pension: proposed changes

30th March 2023 by Kirsty McGaun, Legal & Medical (legalandmedical.co.uk)

Back

Inflation and the NHS Pension: proposed changes

On 22 September, the then secretary of state for Health & Social Care, Therese Coffey, announced the Government’s ‘Our plan for patients‘ policy paper, which set out to tackle some pressing issues facing the NHS today. Namely, the annual allowance misalignment of CPI figures.

The most eye-catching of which was ‘correcting pension rules regarding inflation’. The annual allowance is aimed at taxing growth in excess of inflation.

Currently, inflationary increases are contributing towards annual allowance tax charges.

Read more

No credit card details needed – it takes two minutes.

Join free trial

Login

Already a member? Login to view this content.

Login

More advice for sessional GP pensions and finance

New NHS pension ‘date worked’ feature on NASGP locum platform New NHS pension ‘date worked’ feature on NASGP locum platform

‘Date worked’ feature is added alongside summaries of pensionable day, employer and employee contributions, and pensionable days service.

More than half of GPs in England missing vital pension data More than half of GPs in England missing vital pension data

An FOI to NHS Business Services Authority (NHSBSA) revealed that 18,575 GPs in England had missing NHS Pensions records.

 Three ways to pay your annual allowance liability Three ways to pay your annual allowance liability

If after evaluating your annual allowance position you discover you have an pension tax liability, read Roy Hinton’s article to see three pays to pay.

See more

"I have always valued real-person interactive support which the National Association of Sessional GPs has given in spades. It is particularly helpful for the older GP locums who may not be technologically savvy and may feel 'forced into' locum work at the end of their professional career when it wasn't necessarily a planned choice. "

Dr David Grant, GP, Lincolnshire

See the full list of features within our NASGP membership plans

Membership