This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
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This document gives a summary of the responses received to the consultation. It outlines any changes that we propose making to the draft regulations and explains why we have not accepted some suggested amendments.
We would like to thank all the organisations that have responded to this consultation.
We plan to lay the regulations in Parliament in autumn 2014, to come into force on 1 April 2015.
Consultation on records to be kept by public service pension schemes and the reporting of late payments of member contributions.
This consultation ran from
This consultation seeks views on draft regulations that:
set out the records that public service pension schemes covered by the Public Service Pensions Act 2013 will be required to keep from April 2015
remove an exemption so that managers of these public service pension schemes must report the late payment of member contributions to the Pensions Regulator and members, where such late payment is likely to be of material significance to the Pensions Regulator’s functions
We welcome comments from those involved in designing and running public service pension schemes, pension industry professionals and advisers, pension scheme members and member representative organisations, and anyone with an interest in public sector pension regulation.