Pensions dashboards policy
Pensions dashboards are being developed to enable people to access information about their pensions online.
Clause 1 of this Bill would cap compensation payable under the Civil Service Compensation Scheme at a maximum of 12 months’ pay for compulsory redundancy and 15 months’ pay for voluntary exits. Clause 2 provides for clause 1 to expire after 12 months unless repealed, extended or revived using order-making powers. The Conservative-Liberal Democrat Coalition Government invited the civil service unions to negotiate a “sustainable and practical and practical long-term successor scheme”. On 7 October, the Government announced that it had concluded its negotiations with five of the six unions on a new scheme.
Superannuation Bill: Committee Stage Report (376KB PDF)
Clause 1 of this Bill would cap compensation payable under the Civil Service Compensation Scheme at a maximum of 12 months’ pay for compulsory redundancy and 15 months’ pay for voluntary exits. Clause 2 provides for clause 1 to expire after 12 months unless repealed, extended or revived using order-making powers. The Conservative-Liberal Democrat Coalition Government invited the civil service unions to negotiate a “sustainable and practical and practical long-term successor scheme”. On 7 October, the Government announced that it had concluded its negotiations with five of the six unions on a new scheme.
Superannuation Bill: Committee Stage Report (376KB PDF)
Pensions dashboards are being developed to enable people to access information about their pensions online.
There will be a Westminster Hall debate on compensation for Equitable Life policyholders on 22 October 2026.
The state pension is liable to income tax, though pensioners are unlikely to pay tax in practice if their only income is the state pension.