Q. I am a Consultant age 57, and have decided to go part time next month. Looking at all the implications am I right to say that although my pay will be greatly reduced, I will still pay NHS Pension contributions based on my Whole Time Equivalent income? A. You have obviously done your homework. Yes [...]
New NHS Pension Choice At Retirement – More Pension or More Cash?
February 11, 2009 By
In the past when it came to how the NHS paid your pension, it was very simple. You had a pension based on the number of years’ service in the Scheme, your income, and whether you had purchased added years. You also received a tax free lump sum of three times that pension (although GMPs [...]
NHS Superannuation Pension – Do You Need To Protect It?
January 11, 2009 By
When the government announced its ‘Pension Simplification’ programme for April 2006 and called it ‘A Day’, we planners looked forward to many improvements (and simplifications). I suppose now nearly 3 years on we are not surprised to see that in some ways it has had the opposite effect. This is particularly true of something called [...]
