GPC chairman Dr Hamish Meldrum has denounced Lord Warner’s decision to cap the dynamising factor at 48 per cent over five years as a ‘betrayal’ of the contract.
Dr Meldrum said: ‘Most GPs are self-employed. They pay both the employers’ and the employees’ contributions into the NHS Pension Scheme. The pensions they have accrued are in fact delayed pay resulting from a contract agreed by the government with the profession.
‘For Lord Warner to say they cannot have the pension they have earned and paid for is a denial of their contractual rights. We will be challenging his decision.
‘Lord Warner’s offer may seem superficially generous but it is not the deal we negotiated and will seriously disadvantage GPs nearing retirement and those who have recently retired.
‘The government’s decision is a betrayal of good faith and is depriving doctors of a pension we believe they have a legal right to receive.’