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The Actuary The magazine of the Institute & Faculty of Actuaries
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NHS reviews impact of higher pension age

The onset of higher pension ages has led the NHS to look at how it can cope with an ageing workforce in which many staff members will be working past what has long been pensionable age.

24 JUNE 2013 | THE ACTUARY TEAM

The NHS Working Longer Review has called for evidence on the possible impact of later retirement and how the NHS will be able to provide a high quality service with an ageing workforce.

Provisions in the Public Service Pensions Act 2013 means that from 2015 up to 70% of the NHS workforce will have a pension age of between 65 and 68.

The review will be open until September 5 and will seek evidence and local intelligence from NHS organisations, trade unions, employees and stakeholders to identify examples of good employment practice and policies.

Findings will feed into the final report of the Working Longer Review to the NHS Staff Council and the Department of Health.

NHS Employers organisation director of employment relations and reward Gill Bellord said: ‘This is an important piece of work that will help the NHS to meet the needs of the ageing workforce and continue delivering excellent care.’

Staff side chair Gail Adams said the review would be important as ‘there is too much which remains unknown about the impact of working longer for the staff and service’.