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Written question asked by Michael Portillo (Conservative) on Wednesday, 15 January 2003, in the House of Commons. It was due for an answer on Thursday, 23 January 2003. It was answered by Lord Hutton of Furness (Labour) on Thursday, 23 January 2003 on behalf of the Department of Health.


Dept of Health

Question
To ask the Secretary of State for Health, whether, under the Government's proposals for public service pension reform, a male doctor, over 60 years of age and with 40 years' service, who decides not to retire before 2005, would still be able to retire before the age of 65; what rewards would accrue to him for working beyond the age of 60; and whether his accrual rate would move from to per year after 2005. - Inc ref to "Pension Scheme Modernisation: A Millennium Health Check for the NHS Pension Scheme".
Answer

Mr. Portillo: To ask the Secretary of State for Health whether, under the Government's proposals for public service pension reform, a male doctor over 60 years of age and with 40 years' service, who decides not to retire before 2005, would still be able to retire before the age of 65; what rewards would accrue to him for working beyond the age of 60; and whether his accrual rate would move from to per year after 2005. [91861] Mr. Hutton: The Green Paper sets out, for consultation, wide-ranging proposals for pensions and saving for retirement. We will want to consider its implications for the national health service scheme carefully and consult fully on proposals for change. In doing so, we shall take account of the work recently published in the stock-take report, "Pension Scheme Modernisation: A Millennium Health Check for the NHS Pension Scheme". Clearly, it will take some time to review the current scheme in the light of the Green Paper and the associated tax consultation document. The pace of change will depend on introducing new regulations, and changes for new entrants are likely to be in place before amending arrangements for existing members. However, the Green Paper makes no reference to retrospective age-related restrictions for a member already at age 60.


Secondary information

Type
Written question
Reference
91861; 398 c479W;398 c477W
Session
2002-03
Subjects
Doctors NHS Workplace pensions Reform
Link
View this Written question on www.publications.parliament.uk