News 4
The Judicial Pension Scheme 2015
Produced in partnership with Elizabeth Ovey of Radcliffe Chambers
Practice notesThe Judicial Pension Scheme 2015
Produced in partnership with Elizabeth Ovey of Radcliffe Chambers
Practice notesFORTHCOMING DEVELOPMENT: The Ministry of Justice (MoJ) ran a consultation on the draft Judicial Pensions (Amendment) Regulations 2024 (JP(A) Regs 2024) which proposed amendments to the Judicial Pensions (Fee-Paid Judges) Regulations 2017 (FPJPS regs 2017), SI 2017/522, the Judicial Pensions Regulations 2015 (JPS regs 2015), SI 2015/182, the Judicial Pensions Regulations 2022 (JPS regs 2022), SI 2022/319 and the Public Service Pensions Act 2013 (Judicial Offices) Order 2015 (the Judicial Offices Order), SI 2015/580. The consultation ran for 8 weeks, closing on 14 April 2024.
The key amendments proposed by the draft JP(A) Regs 2024 included, among other things:
— providing for an employer cost cap in the JPS regs 2022 following the completion of the first scheme valuation in February 2024
— making technical amendments in order to ensure that offices which should have been eligible to accrue benefits under JPS regs 2022 and JPS regs 2015 may now do so retrospectively, and also to allow for member contributions and commutation of small pensions provisions in the FPJPS regs 2017
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Practice notes 5
Precedents 1
Q&As 2