Ndubuisi 'Andy' Egwim (a GP) describes leaving his salaried NHS job two years prior, explaining that while he kept his NHS pension pot he can no longer contribute to it. He explains that the pension is still present but not central to his financial plan, that he made alternative arrangements, and references an NHS table showing pension contribution rates based on pensionable pay.
So 2 years ago I decided to leave my salary job as a gp. I was at a crossroad. I was fortunate enough to be in a position where after having worked a few years in the NHS and managing my own investment and side hustles, I was able to leave the salary job and not need a regular job. However, I had one dilemma. Leaving my job would mean saying goodbye, like to the loo, to my precious NHS pension. Now, leaving the NHS side job and not being in a self employed NHS position meant I couldn't contribute more to the NHS pension. I didn't close my NHS pension, but I'm no longer, no longer able to contribute to it. It's still there, but not a significant part of my financial plan and I've made alternative arrangements. People complain about the NHS pension is about the amount being taken out of their pay, so they're having less money to take home. So how much are you really contributing? Now? Here on the screen is a table from the NHS showing the pension contribution based on your pensionable.
