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NEWS: Pension rule changes needed to retain experienced GPs

NewsRepresentatives of senior doctors are pressing for a change on pension rules to help stem the tide of early retirements from medicine.

Increasingly tight rules on the pension funds of high-earners have been blamed for contributing to the increased rate of retirement among GPs.

The British Medical Association says the rules also discourage senior consultants from taking on extra work – or promoting innovations and new ways of working.

The BMA has approached the Chancellor Philip Hammond asking him to consider ways of tackling the effect on medicine.

It warns that many doctors are solving the problem by opting out of the NHS Pension scheme.

BMA chair Dr Chaand Nagpaul said: “GPs are being actively encouraged by accountants to reduce their commitment or, for those nearing retirement, to stop work altogether.

“This will naturally impact on the Government’s stated aim to attract 5,000 new GPs in England by 2020.”

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