Date: March 12, 2019
Funding for increased employer contributions
Following recently concluded contract negotiations, it was agreed that additional funding would be provided to fund the expected rise in employers superannuation costs. The DHSC (Department for Health and Social Care) has now published its response following recent public consultation. They have confirmed that for 2019/20 an employer rate of 20.6% (20.68% inclusive of the administration charge) will apply from 1 April 2019. However, the NHS Business Service Authority will only collect 14.38% from employers such as practices. Central payments will be made by NHS England and the DHSC for their respective proportions of the outstanding 6.3%. This will also apply to locum GPs. Read the full consultation response