1 / 15

How to Retire

How to Retire. David Barr Clerk Kent LMC. What will this cover?. 24-hour retirement and return to practice Pension Agency requirements Single handed GP 2-doctor practice Multi-doctored practice Permanent Retirement Single handed GP 2 or more doctor practice. 24-Hour Retirement.

ishmael-hopkins
Télécharger la présentation

How to Retire

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. How to Retire David Barr Clerk Kent LMC

  2. What will this cover? • 24-hour retirement and return to practice • Pension Agency requirements • Single handed GP • 2-doctor practice • Multi-doctored practice • Permanent Retirement • Single handed GP • 2 or more doctor practice

  3. 24-Hour Retirement • Pension Agency and PCT Requirements • No need to remove name from Performers List • Must cease ALL NHS work for 24-hours • Must not work for more than 16 hours in any week for month following retirement • If rule are broken, pension stopped and recoup pension already paid

  4. 24-Hour RetirementPensions Agency and PCT rules • Must remove name from practice contract with PCT • To remove name give notice to PCT and agree a date (Saturday or Bank Holiday) • SFE says end of contract = end of MPIG

  5. Alternatives for single-handed GP • Reach agreement with PCT to terminate contract and reappoint on same terms including amount = to MPIG • Take a partner • Retire, be reappointed by partner, terminate partnership and return to single handed practice.

  6. Agreement with PCTs • Kent PCTs have agreed to retirement and reappointment on same terms • Need to get agreement in writing • We are currently waiting for a formal agreement and standard letters and agreement • Do not take pension before written agreement is in place

  7. 24-Hour Retirement • 2-doctor practice • Give PCT notice of retirement and move to single-handed practice 28 days • Retire 24 hours (can be Saturday or Bhday) • Remaining GP notifies PCT of taking on partner • Return to practice and restrict work to 16 hrs a week in first month

  8. 24-Hour Retirement • Have partnership deed in place • Have clause requiring reappointment

  9. 24-Hour retirement • 3 or more doctor Practice • Notify PCT of Variation to contract to remove retiring partners name • Partner retires • Notify PCT of reappointment • Must have partnership agreement in place • Must have adequate clause on reappointment

  10. 24-Hour Retirement • Further considerations • Please make sure you have adequate time for processes – at least 3 months better 6 months, best 9 months • Make sure you partners are happy with what you are proposing. • Do not retire without agreement – your partners may not let you back!

  11. 24-Hour Retirement • Remember to apply for your pension on form AW8 in time – at least 2 months • Check service record to ensure pension is correct • Remember practice or PCT will need to certify less than 16 hours work per week

  12. Permanent Retirement • Single-handed GP • Give minimum 3 months notice to PCT • PCT will normally take over practice and staff • PCT will consult LMC on future of practice • Options, reallocate practice, tender practice • Premises need careful consideration

  13. Permanent Retirement • Alternatives: • Merge with another practice before retirement • Advertise for and take on a partner in advance of retirement • NB the is no minimum time for the above arrangements before you retire. 1 day will do!

  14. Permanent Retirement • 2 or more doctor partnership • Decide date, obtain pension, partners to remove name from Contract, retire from partnership,remove name from Performers list and GMC, retire to sun • Premises • Accounts

  15. Finally • Plan well ahead • Take advice • Get agreements with PCT in writing • Get agreements with partners in writing • Don’t retire until all the paperwork is done

More Related