Prime Ministerial candidate Liz Truss has pledged to relax GP pension tax charges in a bid to stem the exodus of doctors from the NHS, it has been reported.
The proposals for NHS pension reform are part of draft plans that would come into force if frontrunner Ms Truss won the Conservative party leadership contest, according to The Telegraph.
Earlier this month, Ms Truss said she will ‘need to sort out’ the issues with doctor pensions if she becomes the next Prime Minister.
Now, The Telegraph has revealed that she has pledged to ‘halt the NHS doctor exodus’ and that this could include a relaxation of the lifetime allowance, which pushes GPs to reduce their hours or retire early to avoid large tax bills.
The newspaper reported over the weekend that under the ‘radical’ draft plans, GPs will be able to continue working after they reach the lifetime pension cap ‘without paying taxes that mean thousands choose early retirement’.
It added that GPs could be allowed to voluntarily stop paying into their pensions once they reach the cap,…