Current redundancy terms for civil servants will remain in place until at least the end of this year, the government has told the Public and Commercial Services Union.
The Treasury today set out plans to further restrict public sector redundancy payments by better coordinating the rules for calculating payoffs across the civil service, the NHS and local government.
The Treasury has announced a plan to cap redundancy payments across the public sector at £95,000 to end what Chief Secretary to the Treasury Greg Hands said were ‘golden goodbyes’ paid for by the...
Further steps to limit the redundancy payments made to senior public sector staff have been announced by the Treasury, with legislation now set to outlaw six-figure payouts.
