GP superannuation deal is surely a new stealth tax
Am I alone in being surprised at the jubilation shown by our negotiating teams with regard to next year's superannuation payments?
I appreciate that many of the agreements on retirement age and annual uplifts are laudable and helpful for GP morale and financial planning.
I am, however, amazed and disturbed by the sliding scale of payments such that higher earners are now to pay a higher rate on all income to subsidise lower earners. This is surely another new stealth tax.
The explanation that higher earners are more likely to reap the benefits of the NHS pension system, so should therefore gladly pay a higher percentage to support lower earners, needs more clarification.
Are higher earners to blame for the different types of career or life expectancy of lower earners? Do our negotiators feel guilty that GPs' earnings seem so high relative to other workers in the NHS?
From Dr Martin Stagg, Ashton-under-Lyne, Lancashire