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HM Treasury consults on Regulations to recover public sector exit payments

The Small Business, Enterprise and Employment Act 2015 allows for the recovery of public sector exit payments when a high earner returns to the public sector shortly after leaving.

The Small Business, Enterprise and Employment Act 2015 allows for the recovery of public sector exit payments when a high earner returns to the public sector shortly after leaving. The Government is inviting comments on final draft regulations setting out the detail of the recovery provisions which will be put before Parliament for implementation from April 2016. The Government has reconsidered some areas of the policy since the publication of its response on 27 October 2014 and some of the details of the exit payment recovery have been “strengthened to better protect taxpayers’ money.” The changes are set out in Chapter 2. The key amendments are that the minimum salary at which the recovery provisions apply has been reduced from £100,000 per annum to £80,000 and that exit payments will be recovered when an individual returns to ‘any’ part of the public sector rather than the ‘same’ part of the public sector, as was previously the case.

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