Dear Colleagues,
Please find Branch Circular PJ/02/2020 attached which advises branches of the latest update on the cap on public sector exit payments. Any members currently in the process of agreeing an imminent exit with their employer should refer to the actions contained at the end of the circular. The implementation date could be as early as 26 October 2020.
PJ 02 2020 – URGENT Update on the 95K Cap on Public Sector Exit Payments