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Pensions - end of the fair deal

Discussion in 'Pay and conditions' started by Informant, Mar 4, 2011.

  1. Informant

    Informant New commenter

    We're in the process of becoming an academy, shortly to receive a P45 (yes really) and then carry on with continuity of employment seamlessly protected by TUPE legislation. I have no objection to this. Interestingly The Times carried an article 2 weeks ago pointing out that continuity of pensions are not covered by TUPE, but by a less rigorous agreement called the fair deal which could be repealed in a matter of days. Today The Times reports that The Treasury has now published plans to scrap the fair deal which had protected continuity of public sector final salary pension entitlements.
    I assume that entitlements accrued before any change would be protected and that only future pension contributions would be reformed, but does anyone know for certain this is the case? Front page of The TES today rather sensationally implies otherwise, but if you read it carefully there is nothing there which states that accrued rights are in jeopardy.
    Does anybody know (or care)?
     
  2. TheoGriff

    TheoGriff Star commenter

    Your union.
    They have the people at Head Office who can read and understand legal docs and explain them to ordinary folks like us.
    Get on to them sharpish, if you are in TUPE-land now.
    Best wishes
    _________________________________________________________________
    TheoGriff. Member of the TES Careers Advice Service.
    The TES Careers Advice service runs seminars and workshops, one-to-one careers and applications advice, one-to-one interview coaching and an application review service.
    I do Application and Interview one-to-ones, and also contribute to the Job Application Workshops. We look at application letters, executive summaries and interviews.
    There is now another seminar on Applying for Senior Leadership on 13th March.
    www.tesweekendworkshop17.eventbrite.com
    E-mail Julia on advice@tsleducation.com for how to book a meeting with me personally.
    Look forward to seeing you!
     

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