The Country’s Cops look set to take another financial hit with news that the Home Office wants pension contribution rises to 13.5 and 11.5% from 1 April 2013. The Majority of English and Welsh officers – on the 30 year pension scheme (PPS) – face a 1.25% rise to their monthly contributions – up to 13.5%. If Police officers are on the newer 35 year scheme (NPPS), they face a 1% increase to a monthly contribution rate of 11.5%. In July 2011, the Home Secretary Theresa May consulted the Police Negotiating Board (PNB) on her proposals to increase the amount paid by police officers into the police pension scheme (PPS) and new police pension scheme (NPPS) by an average of 3.2 % over a three year-period beginning in April 2012.
Following representations by the Police Federation of England and Wales and Staff Side, the Home Secretary decided only to implement the proposed increase for the year 2012-13, with contribution rates for most officers rising by 1.25% for those in the PPS and by 1% for those in the NPPS. In making this decision, the Home Secretary did state that the Government was still committed to increasing police officers’ pension contributions in the following two years, but that she would consult the PNB on any further increases.
On Thursday (24 January) Police Minister Damian Green wrote to the Independent Chair of the PNB asking the Board to consider an increase in contribution rates for 2013-14, which would take effect from 1 April 2013.
The consultation on these increases will close on 20 February. The Police Federation of England and Wales stated it “will work with Staff Side colleagues to formulate a response to these proposals.”