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This sudden change might be due to many taking early and 24 hour retirement due to the recent Government posturing. Warnings like, we'll tax the lump sum and you'll have to work longer, pay more and get less are typical reasons why I see many retiring now. Of course add to that the many posts being cut in the present climate, and if you were in pensionable age why wouldn't you take it now. So the balance has been destabilised. Just like when Gordon Brown taxed the final pension schemes. Unfortunately this is a direct result of the way the public sector pension has been threatened by the government. I went to a Regional NHS pension meeting about 18 months ago and the view of the informed was that the changes already made to the scheme made it value for money and meant it was sustainable. Of course if the idea is to allow private companies in to undercut traditional providers, demoralising the exhisting workforce would aid that process. I can't think of a more efficiant way to demoralise the rank and file providers, both clinical and non clinical, than to mess with their future security. One day we'll look back and it will be all gone.

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