Radiologist/CIO. Director Goldstone PenFinTech. Dep Chair @bma_pensions. Nat Advisor BMA on Pensions (19-24). Passionate re NHS. Thoughts mine. Tweets personal
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2/ We are all in CARE now, so should all be paying generally the same employEE contributions.
2/ the bottom line is they expect you ESTIMATE your carry forward and PIA and any charge in the normal timescale ie by Jan 31st 2025 …. Which is going to be extremely difficult ….. 
2/ Its now time for @RachelReevesMP to deliver her first budget ... I'll be live tweeting anything significant with a focus on #pensions and #pensiontax (if there is indeed anything!)
2/ This was the first of two videos introducing the problem via a real case study
2/ Per the chart with taxable income 242,400 after income tax, NI and AA post tax pay is around 95,056.40
2/ You'll notice when ministers are in the media, they often talk about how hard "your viewers/listeners" have been hit by inflation. But what we need to do is separate fact from fiction (aka LIES), it was 👇excellent @jburnmurdoch @FT chart that really showed this well last year 
2/ You'll notice when ministers are in the media, they often talk about how hard "your viewers/listeners" have been hit by inflation. But what we need to do is separate fact from fiction (aka LIES), it was 👇excellent @jburnmurdoch @FT chart that really showed this well last year 
2/ OK first of all, lets rewind. Pre 2008 we were all in the 1995 section. For most members that had a fixed retirement age of 60, and gave us "80ths" of final salary. Work 40 years, get 40/80ths or 1/2 of your final salary. Simple. Back in the day contributions were 5% or 6%
2/ This repesents a change from previously announced where tiers were to be uplifts of AFC awards (largest employee group). I had suggested a "double lock" of greater of CPI or announced awards, which was supported by the scheme board, but sadly rejected by government 
2/ You'll notice when ministers are in the media, they often talk about how hard "your viewers/listeners" have been hit by inflation. But what we need to do is separate fact from fiction (aka LIES), and it was 👇chart from excellent @jburnmurdoch @FT that really showed this well 
2/ You'll notice when ministers are in the media, they often talk about how hard "your viewers/listeners" have been hit by inflation. But what we need to do is separate fact from fiction (aka LIES), and it was 👇chart from excellent @jburnmurdoch @FT that really showed this well 
@SteveBarclay 2/ So lets start by rewinding to August when Mr Barclay was on @BBCr4today with @bbcnickrobinson
2/ Where members have opted out 6 months before the remedy peripod (i.e. 6/12 before 1st April 2015) to the end of the remedy period (31st March 2022) will be able to buy back lost service with a "low bar" for evidence 
2/ I suspect Mr. Barclay is being very badly advised by his advisors (or is asking the wrong questions). So lets clear a couple of points up
2/ Offering just 5% for 23/24 is an absolute disgrace compared for example to @BMAScotland who have been offered 12.4% for 23/24
2/ First of all lets rewind back a couple of months to @CommonsHealth from May of this year with @BrineMP chair of that committee disputing the 35% pay restoration figure (juniors) with the excellent @ERunswickBMA
2/ Just before inflation started to bite "junior doctors" avg gross pay were some 14.3% below CPI (government preferred measure of inflation, RPI is much worse) and consultants down 17.1% vs CPI.
