There was bad news for taxpayers after the Treasury announced a u-turn on the public sector exit payment cap. After relentless campaigning by the TPA a limit of £95,000 was imposed on “golden goodbyes” for public sector staff back in November. Now, just three months on, Whitehall mandarins and union bosses have managed to get it overturned.
Unless the rules are urgently replaced, private sector workers who have faced a year of unprecedented hardship will once again be forced to foot the bill for golden goodbyes. The TPA is telling ministers they must commit to bringing back this cap and ensure taxpayers aren’t fleeced again by pampered public sector bosses.
We won’t let this slide! If you haven’t done so already please sign our petition and get the government to reintroduce the cap.