Future Healthcare

Pension pain continues

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……………

ckxckchkchkcchchkchcxhcx