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NHS pension and tax

PoGee · 2025-07-06 01:57:15

I'm getting to the stage where I feel unwell at the thought of going into work. It's management, staff shortages etc. Remedy calculation as of march 2014 - lump sum £30k and pension £11300. Non remedy calculation as at march 2024 - lump sum £22500 and pension £12100. If I take either one of the 2 scenarios, will I pay tax…

Comments

DRS1 Posts: 1,966 Forumite

6 July at 10:18PM

One thought on the figures. If you take your benefits before Normal Pension Age then there is usually an early retirement reduction factor which will apply. Before making any plans you should get a quote for what your pension would be if you retired on the desired date. It may be that there is a tool on the pension scheme's website which allows you to work it out for yourself.

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