To ask Her Majesty's Government, further to the Written Answer by Lord Wallace of Saltaire on 14 June (WA 265), how many staff working for the Department for Work and Pensions were made redundant or departed early last year; what were the costs under the Civil Service Compensation Scheme in (1) redundancy payments, (2) annual pension amounts payable immediately, (3) any lump sum retiring allowances; and what was the average redundancy payment.
1,435 employees departed the Department for Work and Pensions early via exit schemes with a last day of service between
The cost is made up of lump sum compensation payments paid to exiting staff, and the cost to DWP of buying out any actuarial reduction in pension, should an employee choose this option.
The costs of annual pension amounts and lump sum pension payments are not borne by the department, but are drawn from the Principal Civil Service Pension scheme. As such the department does not have this information available