If its a fuel charge advance it has to be advancing the timing, If I understand you correctly.
Take a reading at idle with a induction pickup timing light and a reading at load under full throttle, Now tell me what it says. The same reading.
Actually the notches in the plungers are called retard notches.
Now there are a few models of pumps that do this A Bosch 100,VE,Roosamaster they do it by rotating the cam rings not by the pumping element.