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McCloud: Still a 'long and
winding road for schemes and members' despite Queen's Speech Bill

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In today's Queen's Speech, a new Public Service Pensions and Judicial Offices Bill has been announced which vows “equal treatment” for all members in main public service pension schemes.

In response Nikki Ayriss, Partner at LCP, said:  "It is welcome that the government will be bringing forward legislation to respond to the finding of age discrimination in its public service pension reforms. But this is going to be a long and winding road for schemes and scheme members.

"It is a huge job for schemes to reinstate millions of members into the pre-reform schemes and also to handle the process of 'deferred choice' when members retire. There is no doubt that members will need clear information and help both to understand what is going on and to make good choices."

 

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