PSPA Pensions Committee

The PSPA Pensions Committee was been set up to progress a wide and in-depth consultation will all affected staff and their representatives into the recommendations made within the Public Sector Joint Working Group Report – Fairness and Sustainability. All members of the Committee were committed to ensuring the future sustainability of the Unified Scheme and to work in partnership together to achieve this and agree an outcome that is fair to all parties.

The Committee comprised of representatives from the PSPA, Employers, Staff Side Representatives and Treasury.   The Committee was chaired jointly by John Shimmin MHK, Vice Chairman of the PSPA and Eric Holmes, Industrial Relations Officer, Unite.

The Committee met regularly during 2015 and was disbanded in January 2016.

The Joint Notices and Frequently Asked Questions issued by this Committee can be found below:

Pensions Committee Joint Notice - July 2015

Pensions Committee Joint Notice - August 2015

Pensions Committee Joint Notice - September 2015

Pensions Committee Joint Notice - December 2015

Cabinet Office Pensions Update report - December 2015

Frequently Asked Questions - December 2015

Reports, Drafts and Updates 

• An overview of the report is explained in the Pensions Update
• The PSPA's report to be considered in June 2016 Tynwald, entitled 'Fairness and Sustainability of Public Sector Pension Schemes – Revised Proposals'
• The associated draft Cabinet Office report Public Sector Pensions - Addressing the Legacy Funding Gap that will be reviewed after the general election.
• The PSPA's media presentation Public Sector Pensions - Fairness and Sustainability. The accompanying video of the presentation can be viewed at http://www.manx.net/tv       
• The most recent Frequently Asked Questions
• The presentation given by the PSPA at a Public Meeting on 23 May 2016