Returning To Work After Retirement

davidjamieson85

Evening All,

My mother recently retired from the NHS in October after 37 years service. She is 55 and is now receiving her private pension but is considering going back to part time work at the start of February.

She has been offered a number of part time posts in the Healthcare Industry but has been warned about how much she can earn before being "hit hard with tax."
During her "retirement meeting" before she left her role, she was told that she could not earn more than she did, once you include the part time salary as well as her pension. I did not really understand what this meant as she was earning around the £30,000 mark, so it wasn't near the high tax threshold.

The question is, does normal tax bands (20%/40%) apply and is it a case of adding her salary and pension together to work out her tax deductable earnings?

Thanks in advance for any advice

David

getmore4less

What they might mean is there claw back the pension if you earn too much up to normal retirement age.

A lot has changed since I last looked at this are when the OH retired so it will need research.

Only NHS earnings count so if the healthcare offering the post is outside the NHS she should be OK.

Tax remains the same based on total earnings,

once she hits state pension age there is no NI.

tommytynan123

getmore4less wrote: »

What they might mean is there claw back the pension if you earn too much up to normal retirement age.

A lot has changed since I last looked at this are when the OH retired so it will need research.

Only NHS earnings count so if the healthcare offering the post is outside the NHS she should be OK.

Tax remains the same based on total earnings,

once she hits state pension age there is no NI.

Agree with this. Tax is based on earnings not where they come from.
I retired (redundancy) from ''Gov service'' at 55 after 33 years but there was a clause about paying back some of the money if I rejoined the public sector within a certain time (either 1 or 2 years) I also seem to remember some rule about rejoining and your new total income (salary + pension) cannot exceed your original final salary.
But, as stated, if you leave NHS and then work for a private homecare firm, as an example, the 2 are not related in any way.