This guidance has been produced by the GPC and the BMA's pensions department to help GPs and LMCs to understand the arrangements for the dynamising factor, which is applied to GPs' pensions. This has been updated in May 2008 following the BMA's success in the Judicial Review.
The High Court has ruled that the government behaved unlawfully in 2006 when it retrospectively introduced a limit on the amount retiring GPs could get in NHS pensions.
These frequently asked questions covers the BMA's position, what is the dynamisation factor, implications on retiring, and an extract from the new GMS contract.
Details of the agreement reached on the proposed changes to the NHS Pension Scheme in England and Wales by the review partners which included health sector trade unions, Department of Health, employer's representative and NHS Employers. The agreement has been put before ministers.
On 6 April 2006 the government introduced a new limit on pension savings known as the lifetime allowance (LTA) which was set at £1.5 million for 2006/07.
Freelance GP locums who undertake GP appraiser work should be formally employed by their Primary Care Organisation in order for this work to be pensionable.