Broad comparability against the Principal Civil Service Pension Scheme in Great Britain (PCSPS)
This announcement follows on from the previous Important Announcement issued by the Government Actuary’s Department (GAD) on 1 July 2014.
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Details
On 24 July 2014, The Public Service (Civil Servants and Others) Pensions Regulations 2014 (SI 2014/1964) were laid before parliament. These regulations constitute the 2015 reforms to the Principal Civil Service Pension Scheme in Great Britain (PCSPS).
Implications on existing broad comparability certificates issued by GAD against the PCSPS and details of the new process are explained.