End of Covid pension rules could see 7,000 NHS staff retire in March - Quilter

'Urgent action needed'

Julia Bahr
clock • 2 min read

In fear of facing a financial penalty, thousands of nurses and doctors who gave up retirement to help out during the Covid-19 crisis could leave the NHS in March 2022, according to new data obtained by Quilter.

The firm said an extension of Covid rules for NHS workers is needed to avoid the exodus. The UK government's coronavirus action plan, published on 3 March 2020, set out measures to respond to pandemic, one of which was to allow recently-retired NHS staff to return to work and tackle the crisis without suffering a penalty on their pension. The temporary suspension comes to an end on 24 March 2022 and data suggested more than 7,000 doctors and nurses may be affected by the changes and could choose to retire as a result, according to Quilter. Quilter NHS pension specialist Graham Cros...

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