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HMT Consultation

29 November 2016

HMT launched a consultation on 28th November 2016 on the options for a long term solution on treating the GMP of affected members of public service pension schemes who will reach State Pension age after 5 December 2018.

The consultation runs for 3 months until 20 February 2017. The consultation document can be accessed via the attached link: https://www.gov.uk/government/consultations/indexation-and-equalisation-of-gmp-in-public-service-pension-schemes

The devolved position is set out at para 1.7 of the document .

HM Treasury is interested to hear from stakeholders with an interest in public service pension schemes particularly:

  • public service employers and their representative bodies
  • current and former members of public service pension schemes and their representatives
  • wider public sector employers who may be impacted by a change in indexation arrangements
  • pensions, pay, remuneration and HR professionals, including pension scheme administrators.