Lexis®Library update: The majority of responses thought that the proposed reforms would help to address recruitment and retention issues. As a result of concerns that were raised in relation to the proposal to establish a uniform member contribution rate, the MoJ has said it is temporarily giving judges the option of making lesser contributions to the scheme in return for a corresponding reduction in the accrual rate.
To read the consultation response in full, click here.
Source: MoJ consultation response: Consultation on a reformed judicial pension scheme
This content was first published by LNB News / Lexis®Library, a LexisNexis® company, on 26 February 2021 and is published with permission. Further information can be found at: www.lexisnexis.co.uk
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