Francis Maude, Minister for the Cabinet Office and Paymaster General, introduced the second reading of the Superannuation Bill in the Commons. It passed with a vote and will be considered by a Public Bill Committee.
Summary of the Bill
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’ 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 Clause 2 provides for clause 1 to expire after 12 months, unless repealed, extended or revived using order-making powers.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 has invited the civil service unions to negotiate a “sustainable and practical long term successor scheme”.