Some practices may recently have received letters from PCSE regarding the Seniority Payments Reconciliation Exercise 2023.
Seniority Payments used to be made to GP partners and were based on length of NHS service and received profit. The seniority scheme closed to new members on 1 April 2014, and was then phased out, with the last payments made by 31 March 2020. Seniority funding was then diverted to Global Sum, as part of the 2013/14 Contract Agreement.
The actual entitlement to seniority pay depended on the Final Seniority Factor [FSF] and as there was a time-lag in calculating this, the FSF for financial years 2017/18, 2018/19, and 2019/20 have only just been published. NHS England and PCSE are now reviewing the adjustments made for those years and will be contacting practices once this has occurred.
Current partners should advise their accountants of the information that has been received from PCSE, as the amounts can be challenged via the on-line form link within the letter received from PCSE. In a limited number of cases, there will be a need to liaise with retired colleagues, and the matter may not always be covered by written arrangements.
GPCE recommends that practices first ask their accountants for advice in terms of PCSE figures, raising a query if appropriate, which may not be a value-for-money exercise if the variance is small.