GP pension contributions to double by 2015

Doctors' pension contributions could double by 2015, according to government forecasts obtained by the BMA.

Dr Meldrum: Many GPs could see their pension contributions double
Dr Meldrum: Many GPs could see their pension contributions double

DoH plans to raise overall contributions into the NHS pension scheme by 3% could lead to doctors' contributions rising from 7.5% or 8.5% to as much as 13% or 15.5% by 2015, the BMA warned.

The estimated increase was set out in figures from the government's actuarial department, according to the BMA.

Such as sharp rise, just three years after an NHS pensions overhaul which increased many doctors' contributions, could trigger a wave of early retirements, BMA leaders said.

BMA chairman Dr Hamish Meldrum said: 'NHS staff feel that their pension is under attack on several fronts. Doctors are likely to be particularly badly affected, with a threat for many of seeing their contributions double, possibly for a poorer pension, and having worked an extra eight years.

'This cannot be justified given that the NHS pension scheme underwent a major overhaul only three years ago and is in very good health.'

GP revealed last month that half of GPs could retire if the government implemented recommendations from Lord Hutton's review of public sector pensions that could raise their retirement age and cut the value of their pensions.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register

Already registered?

Sign in

Follow Us:

Just published

NHS app will not meet July rollout deadline, NHS England confirms

NHS app will not meet July rollout deadline, NHS England confirms

The NHS app will not be fully functional in every GP practice in England by the 'ambitious'...

MIMS Learning Live now bigger than ever

MIMS Learning Live now bigger than ever

It is now less than two weeks until MIMS Learning Live: South opens its doors to...

GMC sets out expectations for doctors' reflective practice

GMC sets out expectations for doctors' reflective practice

The GMC has joined forces with eight other healthcare regulators to highlight the...

Babylon GP at Hand opens doors to NHS patients in second major city

Babylon GP at Hand opens doors to NHS patients in second major city

Babylon GP at Hand has begun recruiting NHS patients in Birmingham, in a move that...

Setting up our PCN has been hard work, but I'm positive about the future

Setting up our PCN has been hard work, but I'm positive about the future

As primary care networks (PCNs) prepare to go live on 1 July, network clinical director...

GPs reduce work over pension taxes that cost '£2 for every £1 earned'

GPs reduce work over pension taxes that cost '£2 for every £1 earned'

Four in 10 primary care doctors have reduced their workload or considered doing so...