Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps her Department is taking to help reduce the time taken to issue remaining (a) Remediable Service Statements and (b) Remedial Pension Saving Statements to people affected by the McCloud remedy.

The McCloud remedy under the Public Service Pensions and Judicial Offices Act 2022 took effect from October 2023 and will deliver a full remedy to all affected public service pension scheme members. Schemes are currently implementing the remedy. As part of this, all affected members are receiving a remediable service statement setting out the details of their pension entitlements and some members will also receive a Remediable Pension Savings statement in respect of their annual allowance position during the remedy period.

Scheme managers are responsible for supplying members with these statements and for setting out timetables for sending out the remaining statements. HM Treasury encourages schemes to complete this process as quickly as possible and regularly discusses McCloud remedy progress and timetables with responsible authorities, including the Welsh Government, which has responsibility for the Firefighters’ pension scheme in Wales.