Annual Report and Accounts 2012/13 - Royal Devon & Exeter Hospital

ROYAL DEVON AND EXETER NHS FOUNDATION TRUST - ANNUAL ACCOUNTS 2012/13
6. Staff costs and numbers
6.1 Staff costs 2012/13 2011/12
£000 £000
Salaries and wages 174,418 168,910
Social security costs 13,136 12,699
Employer contributions to NHSPA 20,585 20,291
Termination benefits 901 706
Agency and contract staff 9,554 4,822
218,594 207,428
6.2 Average number of persons employed including directors
NOTES TO THE ACCOUNTS
Permanent
Other 2012/13 2011/12
employees employees
total
total
Number Number Number Number
Medical and dental 619 10 629 616
Administration and estates 1,229 2 1,231 1,241
Healthcare assistants and other support staff 546 - 546 495
Nursing, midwifery and health visiting staff 2,004 6 2,010 1,935
Scientific, therapeutic and technical staff 684 - 684 673
Bank and agency staff - 340 340 219
Total 5,082 358 5,440 5,179
6.3 Staff exit packages
2012/13 2011/12
Exit package cost Number Number
Less than £10,000 4 15
£10,000 to £25,000 2 4
£25,001 to £50,000 5 13
£50,001 to £100,000 4 2
£100,001 to £150,000 2 -
£150,001 to £250,000 1 -
Total number 18 34
2012/13 2011/12
£000 £000
Total exit package expense 901 706
Exit packages relate to staff that left the employment of the Trust under a Department of Health mutually agreed voluntary scheme and also
redundancies. The exit package expense includes employer's NIC. Exit packages in respect of senior managers are disclosed in the Directors'
remuneration report and are not included in the above note.
7. Pensions
Past and present employees are covered by the provisions of the NHS Pension Scheme. The scheme is an unfunded, defined benefit scheme
that covers NHS employers, general practices and other bodies, allowed under the direction of the Secretary of State, in England and Wales. It is
not possible for the Trust to identify its share of the underlying assets and liabilities. Therefore, the scheme is accounted for as a defined
contribution scheme.
Employer pension cost contributions are charged to operating expenses as and when they become due.
The last published actuarial valuation undertaken for the NHS Pension Scheme was completed for the year ending 31 March 2004. Consequently,
a formal actuarial valuation would have been due for the year ending 31 March 2008. However, formal actuarial valuations for unfunded public
service schemes were suspended by HM Treasury on value for money grounds while consideration is given to recent changes to public service
pensions, and while future scheme terms are developed as part of the reforms to public service pension provision due in 2015.
The Scheme Regulations were changed to allow contribution rates to be set by the Secretary of state for Health, with the consent of HM Treasury,
and consideration of the advice of the Scheme Actuary and appropriate employee and employer representatives as deemed appropriate.
The next formal valuation to be used for funding purposes will be carried out as at March 2012 and will be used to inform the contribution rates to
be used from 1 April 2015.
8. Retirements due to ill-health
During 2012/13 there were 9 (2011/12 - 8) early retirements from the Trust agreed on the grounds of ill-health. The estimated additional pension
liabilities of these ill-health retirements will be £731,000 (2011/12 - £466,000). The cost of these ill-health retirements will be borne by the NHS
Pensions Agency.
9. The late payment of commercial debts (Interest) Act 1998
In 2012/13 the Trust did not incur expenditure (2011/12 - £nil) arising from claims made under this legislation.
10. Finance income 2012/13 2011/12
£000 £000
Interest on cash and cash equivalents 268 279
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