What is a New Fair Deal 1st generation transfer?
This is a compulsory transfer of staff from the Civil Service to an independent provider of public services.
What is a New Fair Deal 2nd generation transfer?
One of the features of New Fair Deal is that staff, whose employment was transferred to an independent contractor under old Fair Deal before October 2013, can now rejoin Civil Service Pensions when the contract is renewed or in certain circumstances before the contract ends (with the agreement of the contracting authority). The current or new employer will be admitted to Civil Service Pensions under Fair Deal and eligible employees will rejoin the Scheme for future service.
This involves the compulsory transfer of employees, who were previously outsourced under old Fair Deal and who have met the eligibility criteria to rejoin the civil service pension schemes.
Individuals that were previously a member of Civil Service Pensions will rejoin the Scheme that they would have been in (depending on their protection status in 2015) had they not left Civil Service Pensions.
What is a New Fair Deal subsequent transfer
A Subsequent Transfer occurs when eligible employees have rejoined the civil service pension schemes following a 2nd generation transfer and are later subject to another compulsory transfer. Subsequent Transfers are treated in a similar way to 1st Generation cases.
What is an Admission Agreement?
An Admission Agreement is a legal contract that sets out the requirements and obligations of all parties involved in an admission to Civil Service Pensions. The agreement must be signed by the Contracting Authority, the Admitted Body, and the Minister for the Cabinet Office.
The Admission Agreement is provided by the Scheme Manager (Cabinet Office) and should reflect the contractual position. Employers are advised to speak to the Scheme Manager (Cabinet Office) before making their application.
What is an Admitted Body (or prospective Admitted Body)
This is the independent provider to which services, and employees covered by new Fair Deal, have transferred or will transfer. This will be an organisation which has been awarded a contract to deliver public services on behalf of a Government department (the Contracting Authority).
What is the Application Guidance?
This document consists of an Application Form along with general guidance including subjects such as eligibility, the admissions process, interaction with Cabinet Office and us, communicating with members and other ongoing responsibilities of the Admitted Body.
What is a Broadly Comparable pension scheme?
This is a pension scheme which has been set up to be “broadly comparable” to Civil Service Pensions.
Transferring staff are entitled to pensions in respect of future service that are worth as much as they would have had, were they to have remained with their original scheme. It does not need to offer identical benefits, however, it must offer the same range of benefits, with the same overall value.
What is Government Actuary’s Department (GAD)?
GAD provides actuarial advice to a number of UK occupational pension schemes, including some of the largest pension schemes in the country as well as many of the public service schemes.
For further information please contact GAD at stafftransfers@gad.gov.uk
