Issue - meetings

Response to HM Treasury consultation on McCloud/Sargeant remedy for Fire Pensions Scheme

Meeting: 14/09/2020 - Staff and Pensions Committee (Item 8)

8 Response to HM Treasury consultation on McCloud/Sargeant remedy for Fire Pensions Scheme pdf icon PDF 208 KB

Additional documents:

Minutes:

Vicky Jenks, Pensions Admin Delivery Lead outlined this report which set out draft response on behalf of Warwickshire Fire and Rescue Service to the government’s proposals to introduce legislation that would make changes to pension schemes to remove the age discrimination identified by the Courts following 2015 reforms for the period 1 April 2015 to 31 March 2022 (known as the remedy period); and to address future service beyond the remedy period.

 

Members referenced recent media articles questioning the proposals but whilst it was not believed that these applied to the fire pensions scheme, it was clear that there would be an effect on the entire public sector index-linked system.

 

The final response will be reported to the Portfolio Holders for Customer and Transformation, and Finance and Property for approval.

 

Resolved

 

The Staff and Pensions Committee note and comment on the HM Treasury consultation questions and the draft response on the proposed amendments to the Firefighters Pension Schemes