This bill requires the Treasury to create regulations capping public sector exit payments at £95,000, applying to payments made from October 2025 onwards. It affects all public sector employees receiving redundancy or voluntary exit payments.
A Bill to limit exit payments made by some public sector organisations to employees; and for connected purposes.
Status: In Progress
Current House: Commons
Stage: 1st reading
Sponsored by: Sir Christopher Chope
Introduced: 2024-10-21