Overview

This bill amends the Superannuation Act 1972, primarily focusing on improving consultation processes before changes are made to civil service compensation schemes that could reduce benefit amounts. It mandates more robust consultation and reporting requirements to Parliament.

Description

The bill introduces a new clause requiring consultation with civil servants before reducing compensation benefits. This consultation must aim for agreement. The Minister must then report to Parliament detailing the consultation process, steps taken to reach agreement, and whether agreement was reached before implementing any changes. Further amendments set a two-month delay before the new consultation rules take effect and limit the power to make certain orders related to compensation schemes to three years after the Act's passing. The title of the Superannuation Bill is amended to accurately reflect the addition of this new clause.

Government Spending

The bill's impact on government spending is not directly specified in the provided text. However, increased consultation efforts may incur some additional administrative costs. The exact financial implications are not quantified.

Groups Affected

The primary groups affected are:

• Civil Servants: They will benefit from enhanced consultation rights regarding potential reductions in their compensation benefits.
• Parliament: Will receive more detailed reports on consultations, improving their oversight of changes to civil service compensation schemes.
• Government Ministers: Increased responsibilities in terms of consultation and reporting to Parliament.

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