Message text written by INTERNET:[log in to unmask]
>Can anybody advise me about 28 day retirement. My senior partner wants to
do this. Presumably he collects his lump sum and then comes back a month
later.
<
There should be no problem with your senior partner taking 28 day
retirement, providing you have HA approval, and it is what your practice
wants. as far as the retiree is concerned he does indeed collect his lump
sum and pension, but he cannot return to the superannuation scheme on
rejoining the practice and there has to be a *substantial reduction* in his
commitment for approval to be granted.
He will not be able to earn more from the NHS than he he was prior to
retiring ( ie more than his average uprated annual income) or his pension
will reduce pound for pound. he will also be taxed on the pension at source
under PAYE.
Your LMC should be able to give you more information.
David Baker
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
|