By Edie Bourne
Doctors will be able to choose their own NHS pension contribution rate in a bid to avoid substantial tax bills under new Government proposals launched last month (September).
If approved, the changes would mean increased flexibility for doctors, who would receive the same pension accrual as the contribution rate chosen.
Before 1 April each year, doctors would need to decide their desired accrual level and pay the corresponding contributions.
This will be in 10% increments; for example, 30% accrual with 30% contributions or 40% accrual with 40% contributions.LOGIN OR REGISTER TO READ MORE……………