Consultation on Working Group Report on a New System of Police Pensions Financing
A summary of the responses to this consulation which closed in November 2005 is available below.
The 2001 Joint Review of arrangements for the financing of police and fire pensions recommended that employee contributions and a new employer's contribution should be paid into a separate pensions account from which pensions outgo would be paid. Central Government would top up the account at the end of the year, or recover any surplus as necessary.
In 2003 Home Office Ministers agreed in principle to the Joint Review's recommendations but asked that further work be carried out, with a view to its introduction by 2006/07.
A Home Office-led Working Group, including representatives from stakeholders within the police service and other government departments, has now reported with proposals on how a new system of financing police pensions should be implemented.
The proposals for implementation are outlined in detail in the attached consultation document.
This consultation is now closed.
Date: Wed Oct 12 10:49:41 BST 2005
- Consultation on Working Group Report on a New System of Police Pensions Financing (475 K )
- Summary of responses to Working Group Report on Police Pensions Finance Reform (55 K )
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