Nuclear Power: Redundancy Pay

(asked on 18th November 2016) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential savings to the public purse of Magnox and other nuclear workers' pension schemes being included in the public sector redundancy cap.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 28th November 2016

The potential savings from applying the public sector exit payment cap across the Nuclear Decommissioning Authority estate will depend on the number and type of exits from Site Licence Companies, including Magnox Ltd, in the future. It is therefore not possible to put a precise figure on these savings.

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