Civil Service Pension
Defined Benefit
Government says it cannot spend ‘significant sums’ to encourage ‘economic inactivity’
16 August 2022
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2 min read
Defined Contribution
Legal & General (L&G) has been selected as provider of HM Civil Service's defined contribution (DC) schemes after a competitive tender process.
09 January 2018
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1 min read
Admin / Technology
A series of system and communication errors led to delayed pension payments to civil servants after administration was moved to MyCSP, a National Audit Office (NAO) report says.
11 February 2016
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4 min read
Admin / Technology
MyCSP has admitted it is experiencing problems with delayed payments after transferring its admin in-house and shifting its 1.5 million members onto a single administration system.
31 October 2014
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Defined Benefit
QinetiQ has closed its defined benefit (DB) scheme to future accrual, cutting its deficit by half to £20m.
22 November 2013
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Admin / Technology
The National Audit Office has refused to sign off fully the 2011-12 Civil Superannuation accounts, which report the results of the Principal Civil Service Pension Scheme.
01 February 2013
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Industry
Labour MP Keith Vaz is to lead a debate on changes to police pension provisions in Parliament this afternoon.
28 November 2012
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Defined Benefit
Public sector pensions need further reform before 2020 to avoid an annual £32bn liability for UK taxpayers, Centre for Policy Studies research fellow Michael Johnson says.
05 November 2012
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Defined Benefit
The Government has issued a call for evidence after the Public Service Pensions Bill passed its second reading in parliament this week.
31 October 2012
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