Cookie policy notice

By continuing to use this site you agree to our cookies policy below:
Since 26 May 2011, the law now states that cookies on websites can ony be used with your specific consent. Cookies allow us to ensure that you enjoy the best browsing experience.

This site is intended for health professionals only

At the heart of general practice since 1960

12.9% pensions dynamising factor agreed

GPs' pensions will be uplifted by 12.9 per cent for 2003/04, the BMA has revealed.

The long-awaited 'dynamising' factor, based on average pay rises for the first year of the new contract, was last week signed off by ministers.

The move represents a temporary climbdown by the Department of Health, which had demanded an urgent review of pensions after claiming the rises triggered by the contract were unaffordable. The dynamising factor is higher than the interim figure of 8.8 per cent and is in line with predictions.

Dr Andrew Dearden, chair of the BMA's pensions committee, said the overall dynamising factor for the first three years of the contract would be well over 40 per cent.

Rate this article 

Click to rate

  • 1 star out of 5
  • 2 stars out of 5
  • 3 stars out of 5
  • 4 stars out of 5
  • 5 stars out of 5

0 out of 5 stars

Have your say