The Head of Pensions Administration, Yvonne Murphy, introduced a report that updated Members on the judicial review of the ‘Restriction of Public Sector Exit Payments Regulations 2020’, and the publication of the Ministry of Housing, Community and Local Government (MHCLG) guidance on employer applications for the relaxation of the exit cap for local government employees.

The report also raised awareness of communication materials produced by LGA to assist scheme members, administering authorities and employers in understanding the implications of the public sector exit cap on redundancy packages, operational processes and legal obligations.

On 16 December, MHCLG had published waiver guidance for the £95k exit cap in compliance with HM Treasury Directions for circumstances where mandatory or discretionary waivers may apply. The guidance was largely directed at employers and provided information on the process MHCLG would follow in deciding whether to approve a request for a waiver. The Head of Pensions Administration noted that the report contained a link to the guidance: -

https://www.gov.uk/government/publications/local-government-exit-pay/local-government-exit-pay-a-guide-for-local-authorities-for-the-interim-period-until-mhclg-regulations-come-into-force#process 

The Committee were also informed that the Pension Fund members website had been updated: -

https://mpfmembers.org.uk/content/public-sector-exit-cap-faqs-lgps-members

Moved by the Chair and formally seconded by Councillor Cherry Povall, it was;

Resolved - That the report and the resource implications in administering the Public Sector Exit Payment Regulations be noted.