Public Sector: Workplace Pensions
The question
To ask the Chancellor of the Exchequer, what assessment she has made of the reasons for differences in the speed of implementation of the McCloud remedy across public service pension schemes; and what steps are being taken to ensure consistent and timely implementation for all affected members.
Answered by Torsten Bell
Scheme managers of the individual public service pension schemes are responsible for ensuring the effective delivery of the McCloud delivery to affected members. This is a complex and wide-ranging exercise. The amount of progress that has been made varies across schemes due to factors including the complexity of cases. I have written to scheme managers to remind them of their responsibilities to implement the remedy as quickly as possible and ensure that scheme members and the Pensions Regulator are kept informed of progress.
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