Hogan Lovells

Key Dates

Consultation paper and draft regulations issued on 18 September 2017.

Consultation response issued on 18 December 2017. Final regulations issued on 20 February 2018.

Financial Assistance Scheme (Increased Cap for Long Service) Regulations 2018/207 in force on 21 February 2018.


Summary

The DWP has issued final regulations, following a consultation response issued in December 2017, to increase the annual cap on support from the Financial Assistance Scheme (FAS) in respect of members with more than 20 years' pensionable service in the same scheme.

Background



Date Accessed: 03/12/2021