The Chief Secretary to the Treasury (Danny Alexander)
Last month, the Government announced that the Small Business, Enterprise and Employment Bill will include legislative provisions to ensure exit payments are recovered when high earners return to the same part of the public sector within 12 months of leaving. These provisions will mean individuals are not over-compensated and will ensure value for money for the taxpayer. The intention is to underpin consistency and fairness across the whole of the public sector.
HM Treasury is today launching a consultation on the “Recovery of Public Sector Exit Payments”, seeking views on the proposed changes. The consultation has been published online: https://www.gov.uk/government/consultations/recovery-of-public-sector-exit-payments. It closes on 17 September 2014.
The Government welcome responses and will give careful consideration to these before taking a final decision.