The NHS pension scheme protects pensions in payment by increasing them by CPI and revalues accrued career average pension benefits by CPI+1.5% each year.
The Government is committed to ensuring that hard-working NHS staff do not find themselves reducing their work commitments due to the interaction between their pay, their pension, and the relevant tax regime. On 22 September, the Government announced it will change elements of the NHS Pension Scheme to help retain doctors, nurses and other senior NHS staff, to increase capacity. These changes include:
It should be noted that NHS workforce planning in Scotland is the responsibility of the Scottish Government.