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Type
House
Session
Year
Department
Member
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Alexander, Danny (1)
Primary member
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Mann, Lord (1)
Answering member
Legislative stage
Legislation
Subject
Publisher
To ask the Chancellor of the Exchequer what powers he has to limit the level of high-value severance packages paid to public sector employees.
To ask the Chancellor of the Exchequer what powers he has to limit the level of high-value severance packages paid to public sector employees.
Asked by
Lord Mann
(Labour)
Answered by
Danny Alexander
(Liberal Democrat)
Answering body
Treasury
Type
Written questions
Status
Answered
Tabled on
26 May 2010
For answer on
2 June 2010
Answered on
21 June 2010
Severance packages are generally agreed by the relevant public sector employer, within parameters that have been set out for that employer with the responsible Minister's agreement and which have previously been approved by the Treasury. However, Departments are required to seek prior Treasury approval before they can make or approve any novel or contentious payment that falls outside such parameters, including any with a value in excess of the maximum that is contractually due. Details on the requirements for such specific Treasury approval are set out in 'Managing Public Money' Annex 4.13.
Subjects
Public sector; Redundancy pay
Date
21 June 2010
Reference
652; 512 c98W
House
House of Commons