Mistake in treasury Guidance on the operation of pensions increase legislation for public service pension schemes:
Dear Her Majesty’s Treasury,
I have been having a look at your April 2016 manual regarding GMP indexation.
Guidance on the operation of
pensions increase legislation for
public service pension schemes:
I think in the paragraph below the SERPS entitlement for period 6 April 2016 to 5 April 1997 should be £1,000 not £2,000. Can you tell me if this is correct. If it is not can you send me a note of any revised wording you issue regarding this and the points I have mentioned.
paragraph 11.10
The pensioner has SERPS entitlement of £2000 for the period 6 April 1988 and
5 April 1997.The increase in public service pensions and SERPS from April 2015 is assumed
to be 4% for the purpose of this example only.
If you then go to page 25 part of paragraph 11.10 you will see that it mentions.
DWP would pay:
£2,000 (AP earned from 6/4/88-5/4/97) x 4% = £80 = £2080
Less
£2030 Contracted-out deduction (representing GMP of £2000+£30 increase
)
Should the date be Notional AP earned from 6/4/78 to 5/4/97 and not from 6/4/88.
If you then go to flowchart G page 53 it mentions pre 6/4/88 - 5/4/97 are indexed by pension schemes.. Where it mentions pre 6/4/88 should it have been post 5/4/88-5/4-97
in the notes section you will see that it mentions
GMP accruals pre 6/4/88 - 5/4/97 are indexed by pension scheme up to 3%
When replying can you please send me any correspondence you had with the DWP /Government regarding why you changed the previous wording which very clearly explained that part or all of a persons GMP indexation on GMP was paid by the DSS/DWP depending on if it was pre or post 1988 GMP. in your previous manual dated 24 may 2001.
Yours faithfully,
C. Thompson
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Dear FOI Requests,
Your reply is long overdue. can you please tell me when I can expect a reply.
Yours sincerely,
C. Thompson
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Dear Mr Thompson
Please see attached response to your request FOI2018/13121.
Kind regards,
Information Rights Unit
Correspondence and Information Rights Team |Corporate Centre Group, HM
Treasury, 1 Horse Guards Road SW1A 2HQ
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Dear C Thompson
Please find attached HM Treasury’s internal review response.
Yours sincerely
Information Rights Unit | Correspondence and Information Rights Team | HM
Treasury, 1 Horse Guards Road, London, SW1A 2HQ [1]www.gov.uk/hm-treasury
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Dear FOI Requests,
I can't understand why you sent this as it is finished with.
Yours sincerely,
C. Thompson
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Dear C Thompson
Our review response simply acknowledges that we responded late to your
request and we have apologised for that.
No further action is required.
Yours sincerely
Information Rights Unit | Correspondence and Information Rights | HM
Treasury, 1 Horse Guards Road, London, SW1A 2HQ
[1]www.gov.uk/hm-treasury
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