Police: Workplace Pensions
The question
To ask the Secretary of State for the Home Department, what assessment has been made of the potential impact of the implementation of the McCloud remedy on waiting times for the production of Cash Equivalent Transfer Value (CETV) quotations under police pension schemes.
Answered by Home Office
No such assessment has been made. CETV quotations are produced for scheme members by the relevant scheme administrator. While the Home Office has responsibility for overarching policy and legislative changes to the police pension regulations, the police pension schemes are locally administered by individual police forces.
It is for each Chief Constable, in their role as scheme manager for their force, to determine their administrative timetable. This includes the production of CETV quotations.
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