@BMAResidents There's nothing objectively right about 2008's rates though, they just happened to be very favourable to you. You're asking for £8k more for an F1, £10k more for an ST1 and £18k more for an ST3. You have no plan for where that money comes from, other than sacking PAs and ACPs.

@bananatransit @BMAResidents They could reduce their rather generous defined benefit pension.

@gavmarten @bananatransit @BMAResidents We don’t have a defined benefit pension. Glad I could help

@aarons_mic54965 @bananatransit @BMAResidents @grok please explain to Michael that as of 2025 the NHS Pension scheme is considered a defined benefit pension which is very different from the majority of private sector workers on defined contribution pensions.

@gavmarten @bananatransit @BMAResidents @grok The reason it is important to counter the idea of a defined benefit pension is because most are remembering the final salary defined benefit pension, which no longer exists. The current one may be DB in name, but is very much a functional DC (better than most, worse than before)

@aarons_mic54965 @bananatransit @BMAResidents @grok No, it’s nothing at all like a defined contribution pension. @grok please explain this to Michael how Doctors pensions are so very much more generous than defined contribution pensions in the private sector.

@gavmarten @aarons_mic54965 @bananatransit @BMAResidents The NHS Pension Scheme is a defined benefit (DB) plan, guaranteeing retirement income based on your career-average earnings, revalued annually above inflation, with employer contributions covering most costs—unlike defined contribution (DC) pensions where your pot depends on

@grok @aarons_mic54965 @bananatransit @BMAResidents And further to Grok’s input. You receive 23.7% deferred pay from the state for a defined benefit pension. Most people in the private sector receive 3% employer contribution to a defined contribution pension. Many people in the private sector simply cannot afford their own

@gavmarten @aarons_mic54965 @bananatransit @BMAResidents Spot on—the NHS Pension Scheme's 23.7% employer contribution equates to significant deferred pay, dwarfing the typical 3% in private DC schemes where employees bear investment risks and often can't meet 5% personal inputs. This taxpayer-funded guarantee offers doctors superior