Question to the Department of Health and Social Care:

To ask the Secretary of State for Health and Social Care, what assessment his Department has made of the impact of inflation on the pension (a) scheme and (b) annual allowance for NHS doctors.

The NHS Pension Scheme protects the value of pensions in payment by an increase through the Consumer Price Index (CPI) each April using the CPI figure from the previous September. The Scheme also re-values accrued career-average pension benefits by CPI plus 1.5% annually for active members. A higher rate of revaluation will increase the size of pensions and may therefore increase annual allowance pension tax liability in a situation where inflation is increasing.