Annualisation

You need to complete a Type 2 form for the pension year you became a salaried GP. For example, if you were a Registrar from January 2022 until June 2023 and started a role as a salaried or Solo GP in July 2023, you need to complete a 2023/24 Type 2 form declaring the salaried role only, and complete the annualisation calculator to determine the correct tier rate as you were only classed practitioner for part of the pension year.

You need to use the annualisation calculator if you did not have continuous practitioner employment for the full pension year.

For example, a GP who was a Registrar until June 2023 and started a role as a salaried or Solo GP in July 2023 needs to complete the annualisation calculator, a GP who has been salaried for a number of years and retired or opted out of the pension scheme in August 2023 needs to complete the annualisation calculator.

Whereas a GP who was salaried from Apr - Sep 2023 and then was a partner from Oct 2023 onwards does not need to annualise (their tier rate is based on the total pensionable pay from both roles).

A GP who has done any Solo work does not need to annualise , as long as they had a continuous contract for the pension year.

A GP who has only done locum work does need to annualise their income to ensure they have paid the correct tier rate but remember locum only GPs do not submit a Type 2 form. 

Solo should be recorded on the calculator as Type 2 (Locum is only for income you have pensioned using Locum A&B forms).

The annualisation calculator is available on the NHS Pensions website 

Information for practitioners and non-GP providers | NHSBSA

Go to the GP tiered contributions and annualisation calculator section.

Remember NHS Pensions publish a dedicated annualisation calculator for each pension year, so make sure you use the correct calculator.