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1602192

	registered interest
	date	07/03/2023
	answering body	Department of Health and Social Care
	answering dept id	17
	answering dept short name	Health and Social Care
	answering dept sort name	Health and Social Care
	hansard heading	NHS: Pensions
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government when they will respond to the NHS Pension Scheme: proposed amendments to scheme regulations consultation, which ran from 5 December 2022 to 30 January 2023.
	tabling member printed	Baroness Merron
	uin	HL6204
	answer	answer is ministerial correction date of answer 17/03/2023 answer text <p>The Department published its response to the consultation on amendments to the NHS Pension Scheme on 7 March 2023 in an online-only format. Overall, the proposed changes were well received and most of the respondents agreed that they should be implemented. The Department therefore intends to proceed with the proposals it set out.</p> answering member printed Lord Markham question first answered 17/03/2023 13:11:24 answering member 4948 label Biography information for Lord Markham
	tabling member	347 label Biography information for Baroness Merron

1602193

	registered interest
	date	07/03/2023
	answering body	Department of Health and Social Care
	answering dept id	17
	answering dept short name	Health and Social Care
	answering dept sort name	Health and Social Care
	hansard heading	NHS: Pensions
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask His Majesty's Government what assessment they have made of the impact of the proposed changes to the NHS Pension Scheme on the retention of (1) trauma, and (2) orthopaedic, surgeons.
	tabling member printed	Baroness Merron
	uin	HL6205
	answer	answer is ministerial correction date of answer 20/03/2023 answer text <p>The Department recently consulted on a range of pensions measures, including new retirement flexibilities to enable National Health Service staff to work more flexibly up to and beyond retirement age, and changes to scheme rules to address inflation. The Department confirmed on 7 March 2023 that it intends to implement the measures as planned.</p><p>The changes will remove barriers for experienced staff, including trauma and orthopaedic surgeons, retiring and returning to work and will allow them to draw down some or all of their pension but continue working and building more pension benefits. Staff affected by Annual Allowance (AA) charges will be able to reduce pensionable pay on partial retirement to avoid AA charges without necessarily reducing overall work commitments.</p><p>By fixing the unintended impacts of inflation, the changes will also help to retain senior clinicians affected by pension tax who might otherwise reduce their workloads or take early retirement.</p> answering member printed Lord Markham question first answered 20/03/2023 15:39:45 answering member 4948 label Biography information for Lord Markham
	tabling member	347 label Biography information for Baroness Merron

1142432

	registered interest
	date	25/07/2019
	answering body	Department of Health and Social Care
	answering dept id	17
	answering dept short name	Health and Social Care
	answering dept sort name	Health and Social Care
	hansard heading	NHS: Pensions
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what plans they have, if any, to compensate senior NHS staff who have inadvertently exceeded the tapered annual pensions allowance.
	tabling member printed	Baroness Altmann
	uin	HL17506
	answer	answer is ministerial correction date of answer 06/08/2019 answer text <p>For the majority of people, their pension contributions are tax-free. This makes pensions tax relief one of the most expensive reliefs in the personal tax system. The reforms to the lifetime and annual allowance made in the previous two parliaments are expected to save over £6 billion per year and are necessary to deliver a fair system and protect public finances. Less than 1% of pension savers will have to reduce their saving or face an annual allowance charge as a result of the tapered annual allowance.</p><p>While there are no plans to compensate senior National Health Service staff who exceed their tax-free pension savings allowances, the Scheme Pays facility is there to assist NHS Pension Scheme members who breach the annual allowance, and allows them to settle their lifetime and annual allowance charges without making an upfront payment. The Scheme Pays facility was recently extended to cover tax charges of any amount and those arising from the tapered annual allowance.</p><p>The Government has launched a full public consultation setting out proposals to make the NHS Pension Scheme more flexible for clinicians, to give them more control over their pension growth and tax liabilities.</p> answering member printed Baroness Blackwood of North Oxford question first answered 06/08/2019 15:06:30 answering member 4019 label Biography information for Baroness Blackwood of North Oxford
	tabling member	4533 label Biography information for Baroness Altmann