Pensions: Public Sector

(asked on 29th January 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate he has made of the number of people who will (a) experience financial detriment to their public sector pension and (b) delay retirement following the McCloud Remedy.


Answered by
Laura Trott Portrait
Laura Trott
Chief Secretary to the Treasury
This question was answered on 1st February 2024

The Public Service Pensions and Judicial Offices Act 2022 provides remedy for discrimination that arose when new public service pensions schemes were introduced between 2014 and 2016. No individual will experience detriment to their public service pension or need to delay their retirement. All eligible members will be able to choose to receive pension benefits in relation to pensionable service during the remedy period (from the new scheme or legacy scheme) of the greatest value to them.

Reticulating Splines