Pensions reform update – 21 December 2011
The Treasury has made an announcement about the long term reform of public service pensions – including the Principal Civil Service Pension Scheme - http://www.hm-treasury.gov.uk/
The Government has confirmed that the talks have been constructive and have resulted in heads of agreement with the majority of Civil Service unions.
New Head of the Civil Service and Cabinet Secretary
Sir Bob Kerslake and Sir Jeremy Heywood are now formally in their new posts and as part of their early introductions they wanted to share a message with the whole of the Civil Service.
Government response to the consultation on proposed increases to employee contributions
The Government has announced changes to the contribution rates that some civil servants will pay to their civil service pension from April 2012. Lower earners will be protected from any increase.