This Practice Note covers the impact and development of the Fair Deal principles on outsourcing contracts with central government public bodies and how it is applied since the introduction of the new Fair Deal guidance on 4 October 2013 (Fair Deal 2013). In particular, this note covers the Cabinet Office Statement Of Practice, the scope of the old Fair Deal principles and the way in which old Fair Deal offers protection for future service and past service pension benefits of public sector staff, the enforceability of these protections and the recent changes introduced by new Fair Deal. Finally, it explains the extent to which new hires of private sector contractors who work alongside former public sector staff are protected.
This Practice Note covers the pension requirements on local government bodies when outsourcing their public sector services to the private sector and on subsequent re-lets of such outsourcing contracts. In particular, this Practice Note explains the requirements of the Best Value Authorities Staff Transfers (Pensions) Direction 2007 (the Best Value Direction), the enforcement of the Best Value Direction, and plans to replace the Best Value Direction with Fair Deal 2013. This Practice Note also covers the level of protection given to new recruits of private contractors working alongside former local government staff.
This Practice Note looks at the key aspects of the Electricity Supply Pension Scheme (ESPS), including the main parties, eligibility and membership, contributions and the main benefits and provisions at a scheme-wide level.
This Practice Note looks at the statutory protection of the pension arrangements of members of the ESPS following privatisation of the electricity industry in 1990.
This Practice Note covers the different types of admission bodies and the requirements that must be met to enter into an admission agreement for the purpose of participating in the Local Government Pension Scheme (LGPS). It also covers the admission of employees to the LGPS, aggregation of LGPS membership, risk assessments, indemnities, bonds and guarantees, notification requirements, termination of an admission agreement, and risk-sharing mechanisms like cap and collar and pass through arrangements.
This Practice Note relates to Local Government Pension Scheme (LGPS) benefits accrued from 1 April 2014. It may be necessary to refer also to the Practice Note on the pre-2014 LGPS in relation to LGPS members who qualify for the underpin protection under the new scheme.
This Practice Note relates to Local Government Pension Scheme (LGPS) benefits accrued to 31 March 2014 and remains relevant to benefits accrued up to that date (which remain linked to final salary for active members) and to LGPS members who qualify for the underpin protection under the post-2014 LGPS. The new governance arrangements for the LGPS are covered in the Practice Note: The post-2014 Local Government Pension Scheme.
This Practice Note covers the pre-2015 NHS Pension Scheme (pre-2015 NHSPS), which is composed of two separate sections, the 1995 Section and the 2008 Section.
This Practice Note covers the terms of the pre-2015 Teachers’ Pension Scheme (pre-2015 TPS), including the legislation governing the pre-2015 TPS, its administration, eligibility requirements, contribution levels and benefit features, and scheme documentation.
This Overview provides a brief outline of the content in the ‘Central government pensions’ subtopic of Lexis®PSL Pensions, including the old Fair Deal, Fair Deal 2013, public sector pension schemes such as the National Health Service Pension Scheme, the Principal Civil Service Pension Scheme and the Teachers’ Pension Scheme, and the role of the Pensions Regulator in respect of public sector pension schemes.
This Overview provides a brief outline of the content in the ‘Local government pensions’ subtopic, including the post-2014 Local Government Pension Scheme and the pre-2014 Local Government Pension Scheme, admission agreements, local government outsourcing, and the role of the Pensions Regulator in respect of public sector pension schemes.
This overview provides an outline of the pension arrangements which tend to operate on a industry-wide basis. In particular, this covers the Electricity Supply Pension Scheme.
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