Pension tax penalties could push 7,000 NHS retirements

An exodus is likely in March according to Quilter

Hope William-Smith
clock • 1 min read
Protections for doctors and nurses under the Coronavirus Act 2020 will cease from March
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Protections for doctors and nurses under the Coronavirus Act 2020 will cease from March

Up to 7,000 NHS staff may be pushed into retirement before the end of the financial year as regulations to protect them from harsh pension tax penalties are abolished.

It comes as the measures put in place in March 2020 under the Coronavirus Act 2020 to allow recently retired NHS staff to return to work during the Covid-19 pandemic without suffering a penalty on ...

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