TheBitCast

Ep 337: NHS Pension for New (and current) Doctors: The £7 Billion Question

Podcast: Medics Money podcast · Medics Money

Opublikowano: 2026-08-11

Join Medics' Money with a free guide here: https://medicsmoney.co.uk/free-guide/ In part two of the Medics' Money New Doctors' Finance series, Dr. Ed Cantelo sits down with specialist medical accountant Andy Pow to break down the NHS pension. Topics covered: What the NHS pension is and how the 2015 defined benefit scheme worksHow contributions are calculated (tiered rates, tax relief)Why the pension isn't invested — how the scheme is fundedWhere to check your pension record (Total Reward Statement) and what documents to keep (P60s, P45s, payslips)Family and ill-health protections bu...