Police: Financial Services

(asked on 21st October 2021) - View Source

Question to the Home Office:

To ask the Secretary of State for the Home Department, whether she plans to require Police forces to offer training on financial resilience, including (a) planning for retirement and (b) building savings; and if she will make a statement.

Answered by
Kit Malthouse Portrait
Kit Malthouse
Minister of State (Ministry of Justice) (jointly with Home Office)
This question was answered on 29th October 2021

Chief Constables and Police and Crime Commissioners, like all employers, have a duty to manage and support their workforces. It is the responsibility of individual forces to provide training and support, including on financial resilience, where appropriate.

Police forces provide a package of reward and support for police officers and staff, including their salary and relevant additional allowances. They also provide access to occupational pension schemes, including generous employer contributions, that compare favourably to those available to others.

Chief Constables are responsible for the administration of pensions for their respective workforce, including providing information on pensions and retirement.

The government has provided further support for savings in retirement, including for the police workforce, by introducing automatic enrolment in occupational pension schemes.

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