Overview
- Quilter’s analysis for The Times estimates a doctor starting training in 2025, working full time to consultant level for about 40 years, could receive an annual pension of roughly £124,363.
- The 2015 NHS scheme credits 1.85% of pay each year and revalues benefits by inflation plus 1.5%, with no cap on years of accrual.
- BMA pensions chair Dr Vishal Sharma criticized the projection as highly misleading for assuming uninterrupted full‑time careers that many doctors do not have.
- NHS chief Sir James Mackey said services operated at about 95% during the recent five‑day resident doctors’ strike and participation was lower than in previous rounds.
- Advisers report widespread missing pension records, and IFS research finds little evidence that pension generosity alone improves recruitment or retention compared with pay and training pressures.