Source · Select Committees · Public Accounts Committee
Recommendation 14
14
HM Treasury said that its focus remains on implementing the 2011–2015 reforms in full and...
Conclusion
HM Treasury said that its focus remains on implementing the 2011–2015 reforms in full and that its reforms will have an impact over the very long-term. HM Treasury acknowledged there will come a point where it will need to undertake much more detailed evaluation.30 26 Qq 61–63; C&AG’s Report, para 5 27 Qq 15, 89; C&AG’s Report, para 15 28 Committee of Public Accounts, The impact of the 2007–08 changes to public sector pensions, HC 833, Thirty- eighth Report of Session 2010–12, May 2011 29 Q 74 30 Qq 37–38, 57, 74 12 Public Sector Pensions 2 Impact on employers and employees Impact on employers and frontline services
Government Response
Acknowledged
HM Government
Acknowledged
The government believes that the public service pension reforms introduced in 2015 meet the objectives for public service pensions set out in the 2011 white paper Public service pensions: Good pensions that last and is now focusing on completing implementation of these reforms by transferring remaining members into the reformed schemes from 2022 through the Public Service Pensions and Judicial Offices Bill 2021.