Aug 13, 2020 | Consultation, LGPS, Top stories
The Government have now responded to the consultation on restricting exit payments in the public sector and have published draft regulations for capping public sector exit payments. These regulations include a list of employers who will be covered by the cap. The...
Aug 10, 2020 | Consultation, LGPS, Top stories
Earlier this year the LGPS regulations on the payment of exit credits to exiting employers when there is a funding surplus were changed. Following this change we have published a revised draft Funding Strategy Statement for consultation. The Statement sets out our...
May 2, 2019 | Consultation, LGPS, Tell your members, Top stories
The government first announced plans to cap exit payments in the public sector in 2015. On 10 April 2019 HM Treasury (HMT) launched a consultation on draft regulations, guidance and Directions to implement the cap. This document summarises the proposals as they relate...
Jan 21, 2019 | Consultation, LGPS, Policy and strategy, Top stories
The Ministry of Housing, Communities and Local Government (MHCLG) has launched a consultation on proposed changes to the Local Government Pension Scheme. These changes seek to introduce new regulations protecting the pension’s position of staff who are compulsorily...
