The Judicial Pension Scheme 1993 (JUPRA)
Produced in partnership with Elizabeth Ovey of Radcliffe Chambers

The following Pensions practice note produced in partnership with Elizabeth Ovey of Radcliffe Chambers provides comprehensive and up to date legal information covering:

  • The Judicial Pension Scheme 1993 (JUPRA)
  • Statutory framework
  • Extended membership of the legacy schemes until 1 April 2022
  • Age discriminatory nature of original transitional provisions
  • MoJ’s remedy
  • Unregistered tax status
  • Governance
  • Scheme manager
  • Judicial Pension Board
  • Scheme advisory board
  • More...

The Judicial Pension Scheme 1993 (JUPRA)

STOP PRESS 1: Following HM Treasury’s request for the Government Actuary to review the cost control mechanism in public service pension schemes, on 24 June 2021 the Treasury launched a consultation which set out the government’s proposed changes to the mechanism for valuations from 2020. The consultation sought views on three of the changes to the mechanism as recommended by the Government Actuary and on 4 October 2021 the Treasury published the consultation outcome concluding that each of the proposed three changes to the mechanism will be implemented, namely:

the cost control mechanism will be redesigned so that it considers only benefits built in the reformed schemes thereby removing any allowance for legacy schemes, meaning the mechanism only considers past and future service in the reformed schemes. This would ensure consistency between the benefits being assessed and those potentially adjusted
widening the corridor from 2% to 3% of pensionable pay, thereby reducing the regularity of breaches, and
introducing an economic check, so that a breach of the mechanism (and therefore benefit changes) would only be implemented if it would still have occurred had long-term economic assumptions been considered (the government is to consult further with Local Government Pension Scheme (LGPS) stakeholders on the application of an economic check)

The changes regarding the move to a ‘reformed scheme

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