GovWire

Policy paper: MOJ statement on Cost Control Mechanism for Judicial Pension Scheme 2022

Ministry Of Justice

June 8
10:07 2023

Details

On 15 May 2023, the Chief Secretary to the Treasury laid a Written Ministerial Statement outlining further updates to HM Treasurys approach to the Cost Control Mechanism that is included in all public service pension schemes that were brought in under The Public Service Pensions Act 2013. HM Treasury also published a policy statement that provides further detail on these updates.

The Ministry of Justice is today (8 June 2023) publishing a policy statement that explains how these updates will affect the Judicial Pension Scheme and, in particular, how these updates will interact with the Judicial Pension Regulations 2022 and the McCloud remedy.

Published 8 June 2023

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