Written question asked by Lord Oakeshott of Seagrove Bay (Liberal Democrat), in the House of Lords. It was answered by Lord Davies of Oldham (Labour) on Monday, 21 May 2007.
Pensions: Public Sector
- Question
- Whether they will list the categories of public sector employees for whom no final date has been agreed after which new entrants will have a normal retirement age of 65.
- Answer
-
Following the Public Services Forum agreement with public service unions in October 2005, the teachers, NHS and the Civil Service pension schemes have been undergoing reforms to ensure future affordability. The increase in the pension ages for new entrants is an important component of these reforms, which also include sharing of future costs between employees and employers and a cap on future employer contribution rates. Reform has also taken place in other schemes including their counterpart schemes in devolved Administrations and the Local Government Pension Scheme (LGPS). Information on the pension ages currently applied in all public sector schemes is not held centrally, but the position as regards new entrants to the main schemes for which UK government Ministers are responsible is: Principal Civil Service Pension Scheme (PCSPS)—60, but the Cabinet Office has announced that new arrangements with a pension age of 65 are to start from July 2007; Teachers’ pension scheme in England and Wales—65, with effect from 1 January 2007; NHS Pension Scheme—60, but NHS employers have proposed that arrangements with a pension age of 65 should start by 2008; Local Government Pension Scheme (LGPS)—65; Police—55, or 65 for those who leave before age 55, both with effect from 6 April 2006; Fire fighters—60, or 65 for those who leave before age 55, both with effect from 6 April 2006; and Armed Forces—55, or 65 for those who leave before age 55, both with effect from 6 April 2005.
Secondary information
- Type
- Written question
- Reference
- 3688; 692 c79-80WA
- Session
- 2006-07
- Subjects
- Age Civil servants Fire and rescue services Local government NHS Police Public sector Retirement
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2013-11-25 03:48:11 +0000
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