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Public Sector Exit Cap FAQs

The government have brought in new rules which may affect future retirements from the LGPS

Friday, November 27, 2020

Public Sector Exit Cap FAQs

 

If you work for a public sector employer and you leave your employment on or after 4 November 2020, the total exit payment your employer can pay, including the money they pay to the pension fund on your behalf, will be subject to the exit cap.

For further information the Local Government Association (LGA) have published a set of FAQs about the public sector exit cap

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