Written Question·Treasury·UIN 16307

Workplace Pensions: Interest Rates

Tabled: 26 November 2024
Answered: 29 November 2024
Named Day

Question

Steff Aquarone

Liberal DemocratNorth Norfolk

To ask the Chancellor of the Exchequer, if she will take steps to support those asked to pay large interest payments on pension contributions as a result of the McCloud judgement.

Answer

Darren Jones
The purpose of the McCloud remedy is to ensure affected public service pension scheme members are put back into the same position they would have been if the discrimination identified by the Court of Appeal in 2018 had not occurred. It is therefore necess...

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