Judicial Pensions (Fee-Paid Judges) (Amendment) Regulations 2021

Lord Bhatia Excerpts

Tuesday 23rd February 2021 Lords Chamber

[Lord Bhatia (Non-Afl) [V]]

My Lords, this SI was prepared by the Ministry of Justice. Its purpose is to make provision for the contributions payable to judicial pensions schemes from 1 April 2020. The territorial extent and application of this instrument is the whole of the United Kingdom.

When the JPS was established in 2015 and the FPJPS in 2017, the relevant member contribution rates and earnings thresholds were fixed for a set period: four years for the JPS 2015 and two years for the FPJPS 2017. During this period, the contribution rates remained unchanged and the earnings thresholds were updated yearly, except for the £150,001 band. By the end of the period, it was expected that rates and earnings thresholds would be reviewed in the light of the outcome of an actuarial valuation of both schemes.

Since then, the Supreme Court has refused the Government permission to appeal against the Court of Appeal’s decision in McCloud, and the matter has been remitted to an employment tribunal for consideration of how the difference in treatment should be remedied. We can all agree that this is the right way forward and that our judges perform the most important work in our judiciary system. Does the Minister agree that our judiciary members must receive their rightful pensions, regularly updated to deal with annual inflation?