EXIT CAP REGULATIONS – UPDATE
The Restriction of Public Sector Exit Payments Regulations 2020 will be before the House of Lords on Wednesday for approval. There are deep concerns about the effect of these regulations as they could have a profound impact, not just on high earners, but also on long-serving staff earning well under £40,000 per annum. ALACE has been working hard over several years to influence these proposals and as they pass through Parliament there is a further opportunity to make our voice heard and to rally as much support as possible. For further information, click here