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experienced NHS staffTelegraph
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64% Informative
British Medical Association ( BMA ) said senior medics were anxious about being hit with six -figure tax bills.
Pension lifetime allowance capped the amount savers could put into their pension before being taxed on contributions.
Chancellor Jeremy Hunt abolished the 1,073,100 limit last year , in an effort to stop experienced NHS staff quitting the workforce.
Labour has insisted that the cap will be reintroduced in a “fair and reasonable way” that would ensure public service leaders including doctors are retained.
Labour ’s shadow chancellor has previously campaigned to slash pension tax breaks for high earners.
BMA wants Labour to introduce an exemption for public sector workers to prevent too many early retirements.
Labour spokesman said: “We have committed to reintroducing a lifetime allowance in a fair and reasonable way”.
VR Score
68
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65
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English
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