The Judicial Pension Scheme 2022

Copyright © 2025 LexisNexis
Produced in partnership with Elizabeth Ovey of Radcliffe Chambers
Practice notes

The Judicial Pension Scheme 2022

Copyright © 2025 LexisNexis

Produced in partnership with Elizabeth Ovey of Radcliffe Chambers

Practice notes
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Statutory framework

The Judicial Pension Scheme 2022 (the JPS 2022) was established by the Judicial Pensions Regulations 2022, SI 2022/319 (the 2022 Regulations). In general, the provisions of the 2022 Regulations take effect from 1 April 2022, although the commencement, interpretation and governance provisions came into force on 18 March 2022, the day after the 2022 Regulations were made, and the provisions relating to sitting in retirement offices came into force on 1 October 2022, when the related provisions of the Public Service Pensions and Judicial Offices Act 2022 (PSPJOA 2022) establishing such offices came into force.

The 2022 Regulations are made under the Public Service Pensions Act 2013 (PSPA 2013) and represent the government’s latest attempt to establish a judicial pension scheme applying the principles set out in the report of the Independent Public Service Commission chaired by Lord Hutton which formed the basis for the 2013 reform of public service pensions. They establish a career average revalued earnings scheme for the payment of pensions and other benefits to or in respect of the judiciary

Elizabeth Ovey
Elizabeth Ovey chambers

Barrister, Radcliffe Chambers

Elizabeth has a general Chancery practice with particular emphasis on pensions (developing from the trust side of her practice) and on retail financial services (developing from an early specialisation in building society law). She also does a considerable amount of professional negligence work in these areas and other areas in which a Chancery background is of assistance.

Her first substantial involvement in pensions law came when she was instructed in relation to a small miners’ pension scheme during the days of the miners’ strikes in the 1980s and she has done an increasing amount of pensions work since those days. She is a contributing editor of Halsbury’s Laws vol. 80 (Personal and Occupational Pensions) (2020). She is now on the Lexis PSL pensions section editorial board and is a contributor to Lexis PSL through a series of practice notes on various aspects of discrimination and occasional case analysis. 

Her financial services work involves in particular constitutional matters relating to mutual societies, regulatory issues and drafting standard terms and conditions to comply with the developing requirements relating to unfair contract terms. She is a joint editor of Wurtzburg and Mills on Building Society Law (looseleaf edition) and a co-author of Retail Mortgages: Law, Regulation and Procedure (2013).
 
A particular highlight of her professional negligence practice was a trip to the House of Lords in Johnson v Gore Wood [2002] 2 AC 1. 

She continues to deal with other Chancery matters.

She sits as a fee-paid judge of the Upper Tribunal.

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Jurisdiction(s):
United Kingdom
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