Pensions portability
for NHS employees
The Department of Health and unions are close to a deal on allowing NHS employees
who transfer to the private sector to keep their NHS pension, according to Health
Service Journal. The deal has yet to be approved by the Treasury but, if it is,
would appear to be the latest concession won by health unions in the run-up to the
general election. The CBI remains wary that private companies might be asked to
make larger contributions than NHS employers.
A pension deal would also be popular
with the private sector. It has long been argued that the inability to access the
NHS pension scheme is the largest obstacle to private involvement in the NHS because
the scheme is underwritten by the Treasury.
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