Tuesday, 16 April 2019

NHS trusts are now handing out cash top-ups to convince doctors not to retire

NHS trusts are now handing out cash top-ups to convince doctors not to retire The NHS is handing out cash top-ups to doctors' salaries in a desperate bid to stop them from retiring early.

Doctors are trying to avoid big tax bills from stricter pension rules that put a cap on their saving allowances.

It's led to thousands leaving the profession early, amid a worsening staff shortage in the NHS workforce.

Around ten NHS trusts have now offered to contribute cash to doctors' pensions so they can opt out of the pension scheme, the Financial Times reports. The Daily Mail

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