Treasury written question – answered am ar 21 Chwefror 2024.
Patricia Gibson
Shadow SNP Spokesperson (Environment, Farming, Agriculture and Rural Affairs)
To ask the Chancellor of the exchequer, what steps are being taken to ensure the accurate calculation of pensions for eligible individuals in the context of the McCloud remedy.
Laura Trott
The Chief Secretary to the Treasury
The Public Service Pensions and Judicial Offices Act 2022 (the Act) provides remedy for discrimination that arose when new public service pensions schemes were introduced between 2014 and 2016. The Act provides that members must be provided with a remediable service statement which provides detailed information about their pension benefits, including any corrections to lump sum benefits, pension benefits or contributions required by the Act. The Act and HM Treasury directions specify the information that must be provided in the remediable service statement. Scheme Managers are responsible for complying with the requirements of the Act and Treasury Directions, and providing accurate information.
Yes3 people think so
No3 people think not
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The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
