Published: 10th Apr 2019

Liz Truss The government want to introduce a £95,000 cap for exit payments when public sector workers leave their jobs. Official figures reveal that over 1,600 highly-paid workers received payments of more than £100,000 in 2016-17 when they left public sector roles, costing the taxpayer a total of £198m, with English local government six-figure payments alone accounting for £98m. Exit payments across the public sector were £1.2 billion in 2016-2017. Chief Secretary to the Treasury, Liz Truss, said: ‘It is clearly wrong when people leave public sector roles with massive payoffs. It incenses the public when they see their hard-earned money used badly like this. ‘That’s why we are capping exit payments to stop unacceptably large pay-outs for senior managers.’ However, the FDA union called the announcement ‘disingenuous’. FDA general secretary, Dave Penman, said: ‘Not satisfied with previous cuts to the pay, pensions and redundancy arrangements … (To read the full article, subscribe below)