Pensions Line Special - Restrictions on Redundancy latest

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Public sector redundancy payments to be further restricted

The Treasury has set out plans to further restrict public sector redundancy payments by better coordinating the rules for calculating payoffs across the civil service, the NHS and local government.

More details on the plans can be found here and a copy of the Final Consultation document can be found here. The closing date for the consultation is 3rd May 2016.