Methodology for the 2014/15 Interim Seniority Factor (ISF) for England and Wales GMS GPs Produced by the Technical Steering Committee May 2014 Copyright © 2014, The Health and Social Care Information Centre. All Rights Reserved. We are the trusted source of authoritative data and information relating to health and care. www.hscic.gov.uk [email protected] 2 Copyright © 2014, Health and Social Care Information Centre. All rights reserved. Rs Reserved. Contents Background 4 Proposed Methodology 4 Table 1: Calculations for 2014/15 ISF for England 5 GMS GPs Table 2: Calculations for 2014/15 ISF for Wales 5 GMS GPs Copyright © 2014, The Health and Social Care Information Centre. All Rights Reserved. 3 Background 1. The methodology used to calculate the 2014/15 Interim Seniority Factors (ISFs) is the same as that used for ISFs since 2009/10. This methodology was agreed in June 2009 by TSC. 2. Separate ISFs have been calculated for England and Wales (both at GMS level). Proposed Methodology 3. An ISF estimate for 2014/15 will be based on the following pieces of information: Average superannuable income (net) – 2010/11 data will be rolled forward, as this is the latest available data. Uplift - this will be applied to average superannuable income (net) to obtain an average superannuable income (net) with uplift figure for the following year. For 2014/15, this is 1%, as confirmed by NHS Employers (April 2014). Average seniority payment - the average seniority payment figure for 2010/11 will simply be rolled forward for 2011/12 to 2014/15. The ISF will be calculated by deducting the average seniority payment figure from average superannuable income (net) with uplift. 4. Table 1 illustrates results produced by the proposed methodology for GMS contractor GPs in England. Table 2 illustrates results produced by the proposed methodology for GMS contractor GPs in Wales. 4 Copyright © 2014, The Health and Social Care Information Centre. All Rights Reserved. Table 1: Calculations for 2014/15 ISF for England GMS GPs Average superannuable income (net) (A) DDRB uplift (B) Average superannuable income (net) with uplift (C) Average Seniority payment (D) Calculated Interim Seniority figure (C - D) Previous agreed ISFs Previous agreed FSFs 2010/11 2011/12 2012/13 £100,337 £100,337 £100,337 0.0% 0.0% 0.0% £100,337 £100,337 £100,337 £6,257 £6,257 £6,257 - £95,802 £93,972 £96,646 £94,080 - 2013/14 £100,337 1.0% £101,340 £6,257 - £96,183 - 2014/15 £101,340 1.0% £102,354 £6,257 £96,097 - - Average Seniority payment (D) Calculated Interim Seniority figure (C - D) Table 2: Calculations for 2014/15 ISF for Wales GMS GPs Average superannuable income (net) (A) DDRB uplift (B) Average superannuable income (net) with uplift (C) Previous agreed ISFs Previous agreed FSFs 2010/11 £88,293 0.0% £88,293 £6,056 - £85,690 £82,237 2011/12 £88,293 0.0% £88,293 £6,056 - £82,099 - 2012/13 £88,293 0.0% £88,293 £6,056 - £82,261 - 2013/14 £88,293 1.0% £89,176 £6,056 - £84,479 - 2014/15 £89,176 1.0% £90,068 £6,056 £84,012 - - Notes: 1. The figures for average superannuable incomes and average seniority payments are taken from the Final Seniority Factors for GMS GPs in England and Wales, 2010/11 paper which can be found at http://www.hscic.gov.uk/workforce/gpfinance Copyright © 2014, The Health and Social Care Information Centre. All Rights Reserved. 5 Published by the Health and Social Care Information Centre Part of the Government Statistical Service Responsible Statistician Ian Bullard, Section Head This publication may be requested in large print or other formats. For further information: www.hscic.gov.uk 0845 300 6016 [email protected] Copyright © 2014 the Health and Social Care Information Centre, Workforce and Facilities. All rights reserved. This work remains the sole and exclusive property of the Health and Social Care Information Centre and may only be reproduced where there is explicit reference to the ownership of the Health and Social Care Information Centre. This work may be re-used by NHS and government organisations without permission. This work is subject to the Re-Use of Public Sector Information Regulations and permission for commercial use must be obtained from the copyright holder. Copyright © 2013, The Health and Social Care Information Centre. All Rights Reserved.
© Copyright 2026 Paperzz