
Ep 113: Do doctors need life insurance??
Medics Money podcast
00:00
NHS Pension Scheme - What Benefits Active Members Receive ByDefault?
The protection needs of doctors are slightly complicated and definitely do need a specialist. So, why don't we just get straight into it and let's have a think about what protection members of the NHS pension have in place by default. The first instance that we always run through is sick pay for a lot of NHS employees. If you're off work for six months, you will receive your full pay. Thereafter, from month seven to month 12, your pay is reduced by 50%. From month 13 onwards, you are relying on statutory sick pay.
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