Public Sector Exit Payments (Limitation) Bill

Key Points

• Introduces a cap on exit payments by certain public sector organisations to leaving employees.
• Applies to eligible public sector employers and their human resources/payroll processes.
• Sets out how the limit will be implemented and enforced, including any necessary regulations.
• Defines which organisations fall under the rule and how the limit applies to existing pay and pension arrangements.

Progress

The bill has had its first reading in the Commons and is currently at the second reading in the House of Commons.