Doctors Superannuation

Doctors Superannuation

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Take for example a practice with a 30th June 2004 year end.Under the new GP contract this practice would have received funding for the employers element of superannuation for the last three months but would appear to be liable for the new employers element for the full year even though the new contract provisions did not apply until from 1st April 2004.Does this practice get a credit for the employers element paid by the PCT and DOH based on the employee element for the first 9 months or do they just have to suffer it and have it deducted when they come to retire.
If it is the latter then it would appear that changing year ends to 31st March will need to be considered to ensure that any employers element of superannuation was at least covered by the new additional funding
Martin Murray

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