Policy paper

Public Service Pensions and Judicial Offices Act 2022: Treasury Directions

Treasury Directions in relation to the Public Service Pensions and Judicial Offices Act 2022.

This was published under the 2022 to 2024 Sunak Conservative government

Documents

The Public Service Pensions (Exercise of Powers, Compensation and Information) (Amendment) Directions 2024

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McCloud Remedy Interest Rate: Letter from Government Actuary's Department to HM Treasury (15/03/2024)

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McCloud Remedy Interest Rate: Letter from HM Treasury to Government Actuary's Department (14/03/2024)

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The Public Service Pensions (Exercise of Powers, Compensation and Information) Directions 2022

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The Public Service Pensions (Exercise of Powers, Compensation and Information) Directions 2022: Equality Impact Assessment

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McCloud Remedy Interest Rate: Letter from Government Actuary's Department to HM Treasury

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McCloud Remedy Interest Rate: Letter from HM Treasury to Government Actuary's Department

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Details

HM Treasury is required to make Treasury Directions by the Public Service Pensions and Judicial Offices Act 2022. The Act provides a remedy for members of the public service pension schemes who were affected by discrimination that arose when reforms were introduced in 2015.  Treasury Directions specify how powers under the Act are to be used by public service pension schemes in their scheme regulations.  The Directions are needed to allow Secretaries of State and the Scottish and Welsh governments to proceed to consult stakeholders ahead of making scheme regulations by 1 October 2023 to remedy the discrimination in each public service pension scheme.

Updates to this page

Published 15 December 2022
Last updated 21 March 2024 + show all updates
  1. The following documents have been added: The Public Service Pensions (Exercise of Powers, Compensation and Information) (Amendment) Directions 2024; McCloud Remedy Interest Rate: Letter from Government Actuary's Department to HM Treasury (15.03.2024); and McCloud Remedy Interest Rate: Letter from HM Treasury to Government Actuary's Department (14.03.2024)

  2. First published.

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