SAB writes letter to the Chief Secretary to the Treasury, Laura Trott MP about the gender pensions gap

The Scheme Advisory Board has written to the Chief Secretary to the Treasury, Laura Trott MP, suggesting that the Government take a consistent and active approach to the gender pensions gap across public sector pension schemes. Cllr Roger Phillips, the Board Chair, argues that a gender pensions gap analysis, like that commissioned by the Board, would give a dynamic picture of how scheme members’ salaries change over time and illustrates the different trajectory of men and women’s careers. As such it adds context and richness to the statutory gender pay analysis that public sector employers already undertake. An update on the work of the Gender Pensions Gap Working Group will be provided to the Cost Management, Benefit Design and Administration Committee when it next meets on 1 July.