(12 years, 5 months ago)
Written StatementsOn 5 July the Chief Secretary to the Treasury confirmed to the House that the Government will be taking forward legislation to introduce changes to pension schemes for the NHS, teachers and civil servants.
I have been considering the necessary reforms of the judicial pension scheme (JPS) in line with these wider public service pension reforms. The JPS is a critical element of the remuneration offered to the judiciary. Nevertheless we must ensure that the pensions provided are fair, sustainable and affordable. Accordingly, I have written to the heads of jurisdiction today setting out my proposals that will ensure that the pension provision for judges compares fairly with that offered to others in the public service. They also meet Government expectations for reform. This will be discussed with the judiciary over the summer and I will come back to the House further on the final detail.