Public Sector: Redundancy Pay

(asked on 21st May 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, for what reason he has included employees of Magnox Ltd in the consultation on the redundancy compensation cap for public sector workers.


Answered by
Elizabeth Truss Portrait
Elizabeth Truss
This question was answered on 4th June 2019

The scope of the cap is guided by the Office for National Statistics (ONS) independent classification of public sector bodies. The ONS determines whether a body falls within the public sector by reference to objective criteria based upon governance, funding, ownership and function. Magnox Ltd is classified as a public sector body by the ONS classification guide.

We are undertaking staged implementation of the cap, with the first stage capturing: the UK Civil Service, non-departmental public bodies, executive agencies, non-ministerial departments, the National Health Service, academy schools, local government, and police forces. The cap on exit payments will then be extended to the rest of the public sector including Magnox Ltd, as guided by ONS classification, in due course.

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