PARLIAMENTARY WRITTEN QUESTION
Public Sector: Workplace Pensions (7 February 2024)
Question Asked
To ask the Chancellor of the Exchequer, what recent steps he has taken to ensure pension remediation for public sector workers affected by the McCloud judgement.
Asked by:
Christine Jardine (Liberal Democrat)
Asked by:
Christine Jardine (Liberal Democrat)
Answer
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. The remedy has two main elements: older “legacy” pension schemes were closed as of 1 April 2022 to equalise future accrual in newer “reformed” schemes; and, from 1 October 2023 all affected members are being given a choice at retirement (or within 18 months of 1 October 2023 for those who have already retired) as to whether to receive legacy or reformed scheme benefits for the remedy period.
Answered by:
Laura Trott (Conservative)
20 February 2024
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