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What do we already know?
We updated you in our October 2015 Newsletter Government reforms (1): Cap on exit payments that the Government plans to cap exit payments made to public sector workers at £95,000 in reforms which are most likely to take effect in October 2016 or later. We also updated you that the Government had published its response to the consultation on the exit payment cap.
What’s new?
The Government has published a new consultation, available here, on reforms to public sector exit payments. This time the Government is seeking views on options to make public sector exit compensation terms fairer, more modern and more consistent. The consultation closes on 3 May 2016.
The Government proposes to:
The Government is also currently consulting on the reform of the Civil Service Compensation Scheme as part of the consultation on public sector exit payments.
Tags: exit payment cap, Public Sector Exit Payments
Categories: Employment Law
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