The government aims to cut the number of civil servants and reform exit payments, as part of wider plans to deliver £5.5bn of savings, according to a senior treasury minister.
The Treasury has revoked regulations restricting public sector exit payments in England – on the eve of a deadline for it to submit its response to a legal challenge on the issue.
The exit payment cap for Local Government Pension Schemes in England can be relaxed for some employees on “compassionate grounds”, the government has said.
Public sector members of the Local Government Pension Scheme aged over 55, who are made redundant and wish to take early retirement as result, will face “significant” cuts to their benefits if...
