Judicial pension reform: New Judicial Pension Scheme 2015 consultation

This consultation seeks views on the reforms to judicial pension arrangements, in the form of the proposed new Judicial Pension Scheme 2015. It also seeks views on the draft regulations that will give effect to the proposed scheme.

Update 11 September 2014: Partnership Pension Account

The department is now in a position to provide further details on the proposed Partnership Pension Account (PPA), which will be open to all those eligible to join the NJPS 2015. This update amends the original consultation document. A departmental statement outlining the proposals is available below at Annex C. This document supersedes the information in the original consultation document and where there is any contradiction between the two the information in this document should be used. The department welcomes comment on the proposed design of the PPA.

Update 8 September 2014:

The Ministry of Justice has decided to extend this period of consultation on the reforms to judicial pension arrangements until 4pm 29 September 2014, due to an imminent update on the details of the PPA. The department welcomes comment on the design of the PPA, and the reforms to judicial pension arrangements.