Q: I retired at 60 and rejoined the practice as a partner. Should I receive a part of the funding included in the global sum for the partners' own NHS Pension Scheme (NHSPS) employer's superannuation?
My partners pay their employer's contribution and get tax relief on it. Is it fair that I lose out because I am no longer a NHSPS member?
A: Although you have taken 24-hour retirement and do not contribute to the NHSPS, the global sum funding is unchanged. Your profit share should continue to include an element for the employer's superannuation even though you no longer pay it.
Check that your accountant is correctly charging it to the relevant partners and not offsetting it against the global sum.
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