Source · Select Committees · Public Accounts Committee
Recommendation 7
7
As a part of the 2011–2015 reforms, HM Treasury offered ‘transitional protection’ to those closest...
Conclusion
As a part of the 2011–2015 reforms, HM Treasury offered ‘transitional protection’ to those closest to retirement. This meant that scheme members within 10 years of their normal retirement age would see no change to their pension age or their expected pension.12 In 2018, the Court of Appeal ruled that these protections were discriminatory on the basis of age (the ‘McCloud judgment’).13
Government Response
A response document is linked to this report, dated 2 September 2021. Response attribution to this conclusion has not been verified. Read the response document ↗