New Fair Deal definition
Examples of New Fair Deal in a sentence
The Parties acknowledge that the Civil Service Compensation Scheme and the Civil Service Injury Benefit Scheme (established pursuant to section 1 of the Superannuation Act 1972) are not covered by the protection of New Fair Deal.
New Fair Deal The revised Fair Deal position in the HM Treasury guidance: “Fair Deal for staff pensions: staff transfer from central government” issued in October 2013 as amended.
Access to the Scheme must also be in accordance with HM Treasury’s published guidance on New Fair Deal which sets out how pensions issues are to be dealt with when staff are compulsorily transferred from the public sector to independent providers.
In addition, the new academies and maintained schools are tendering for bought in services (e.g. catering) which will extend further the admitted bodies following the New Fair Deal (October 2013).In essence, participation in the LGPS is open to public sector employers providing some form of service to the local community.
These employers can designate which of their employees are eligible to join the scheme.The New Fair Deal gives any council staff providing services under contract to certain maintained schools (including Foundation schools), who are TUPE’d to another contractor, the right to remain in the LGPS.
A New Fair Deal which affects NHS Pensions further was implemented March 2014.
GP registrars and non-GP providers are regarded as officer scheme members• general medical practice staff: salaried employees of a GP practice, out of hours providers (OOHPs), or alternative provider of medical services (APMS) contractors who are not GPs or non-GP providers• non-general practice providers and GP registrars• employees of a Direction Body, including those set up under New Fair Deal or independent providers who have access to the NHS Pension Scheme.
These employers can designate which of their employees are eligible to join the scheme.The New Fair Deal gives any council staff providing services under contract to certain maintained schools (including Foundation schools), who are TUPE‟d to another contractor, the right to remain in the LGPS.
The Supplier agrees that if the Employment Regulations apply to this Call-Off Contract on the Start Date then it must comply with its obligations under the Employment Regulations and (if applicable) New Fair Deal (including entering into an Admission Agreement) and will indemnify the Buyer or any Former Supplier for any loss arising from any failure to comply.
Unlike New Fair Deal the 2007 Best Value pension direction does not provide a right to bulk transfer past service.