Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 21 MAY 2024

UK Public Service Pensions Update | May 2024

Osborne Clarke LLP
Osborne Clarke LLP
Contributor

Osborne Clarke LLP

Osborne Clarke is a fast-growing international legal practice, with more than 800 lawyers working...

View firm profile
Explore more from Osborne Clarke LLP

This month, we consider developments ranging from updated HMRC guidance on the McCloud remedy through to some recent Pensions Ombudsman decisions.

United KingdomEmployment and HR
Daragh McGinty
Daragh McGinty
Brent Wright
Brent Wright
Jennifer Alldridge
Jennifer Alldridge
Jo Taylor
Jo Taylor
David Goldsmith
David Goldsmith
Katy Marcus
Katy Marcus
Author LinkedIn connections

Valuations | 2020 valuation results

In our last newsletter, we reported that the Government Actuary's Department (GAD) had started to publish the results of the 2020 actuarial valuations of the public service pension schemes. GAD has now shared the results for the Civil Service Pension Scheme.

The McCloud remedy | Updated HMRC guidance

HMRC's pension schemes newsletter 159 explains that its "calculate your public service pension adjustment service" tool is currently unavailable and says what members who need to make a submission to HMRC should do. It also explains that the public service pensions remedy tax treatment of interest guidance in pension schemes newsletter 156 has been updated "to reflect that where interest is paid as required by the Employment Tribunal or HM Treasury directions in respect of late payment of a benefit that is an authorised payment, the interest will also be an authorised payment."

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

UK Right To Work Checks: What Changes On 1 October 2026

The UK's right-to-work regime is undergoing a fundamental transformation that will extend compliance obligations far beyond traditional employment relationships. From 1 October 2026, businesses engaging contractors, agency workers, platform-based workers, and complex supply chains will face new liability risks that travel up entire contracting chains. Understanding these changes and implementing the required contractual terms, substitution controls, and identity verification systems is now critical for orga
United KingdomEmployment and HR
Mishcon de Reya LLP
Mishcon de Reya LLP
Article

Employment Case Law Update | Autumn 2026 – Unfair Dismissal, Equal Pay And Discrimination

Recent UK employment law decisions have reshaped how employers must approach part-time worker protection, philosophical belief discrimination, freedom of speech in academic settings, and equal pay claims. These landmark cases establish new precedents for workplace policies, disciplinary procedures, and compensation structures that could significantly impact organizational practices.
United KingdomEmployment and HR
Shakespeare Martineau LLP
Shakespeare Martineau LLP
Article

Acas Publishes Fully Revised Draft Code Of Practice On Disciplinary And Grievance Procedures

On 30 July 2026, Acas published a fully revised draft Code of Practice on Disciplinary and Grievance Procedures, marking the first comprehensive update since 2015. The proposed changes introduce significant new requirements around informal resolution, reasonable adjustments for disabled workers, and updated guidance on suspension, mediation, and the right to be accompanied at workplace meetings.
United KingdomEmployment and HR
Winckworth Sherwood LLP
Winckworth Sherwood LLP
Article

Prevention Of Illegal Working — Key Changes Taking Effect 1 October 2026

The UK's illegal working regime has undergone its most significant expansion since inception, extending right to work obligations beyond traditional employment to encompass workers, individual subcontractors, and platform-based arrangements. A new "extended liability" framework now exposes businesses throughout supply chains to civil penalties of up to £60,000 per illegal worker, even where they lack direct contractual relationships.
United KingdomEmployment and HR
Mayer Brown
Mayer Brown
Article

Reward Autumn Update 2026

The autumn 2026 edition of the Reward update examines significant proposals to reform directors' remuneration reporting requirements, including changes to the DRR and removal of the annual shareholder advisory vote. It also covers FCA consultation on solo-regulated firms' remuneration, the impact of Employment Rights Act changes on share plans, equal pay reform proposals, and updates to AIM rules affecting corporate governance and remuneration disclosure.
United KingdomEmployment and HR
Macfarlanes LLP
Macfarlanes LLP