CPS Annual Report 2005-2006 - PDF - Crown Prosecution Service

78 DEPARTMENTAL REMUNERATION REPORT
Please note that the factors used to calculate the CETV were revised on 1 April 2005 on the advice of the Scheme Actuary. The
CETV figure for 31 March 2005 has been restated using the new factors so that it is calculated on the same basis as the CETV figure
for 31 March 2006.
Real Increase in CETV
This reflects the increase in CETV effectively funded by the employer. It takes account of the increase in accrued pension due to
inflation, contributions paid by the employee (including the value of any benefits transferred from another pension scheme or
arrangement) and uses common market valuation factors for the start and end of the period.
Pension for the Director of Public Prosecutions
Pension benefits are provided through two pension schemes which have the DPP as its only member, and were laid before Parliament
on 15 June 2006. The Schemes are unfunded and the costs of benefits will be met by monies voted by Parliament each year.
The pensions will be increased annually in line with the changes in the Retail Prices Index.
The two pension schemes provide benefits which broadly match the benefits provided under the Judicial Pension Scheme.
The principal scheme is a registered scheme and provides benefits up to the earnings cap. The supplementary scheme provides
benefits on earnings above the cap and is not a registered scheme. The normal retirement age for the scheme is 65.
Employee contributions are set at the rate of 3% of pensionable earnings up to the earnings cap. Benefits accrue at the rate of 1/40th
of pensionable salary for each year of service. In addition, a lump sum equivalent to 2.25 years’ pension is payable on retirement.
Pension benefits:
Officials Accrued pension at age 60 Real increase in pension
as at 31 March 2006 and related lump sum CETV at 31 CETV at 31 Real increase
and related lump sum at age 60 March 2006 March 2005 in CETV
£000 £000 £000 £000 £000
Ken Macdonald pension 10 - 15 pension 2.5 - 5 174 70 69
Director of Public lump sum 25 - 30 lump sum 7.5 - 10
Prosecutions
Richard Foster pension 55 - 60 pension 2.5 - 5 1,280 988 49
Chief Executive lump sum 170 - 175 lump sum 7.5 - 10
Claire Hamon pension 5 - 10 pension 0 - 2.5 68 33 18
Director Business lump sum n/a lump sum n/a
Information Systems
John Graham pension 35 - 40 pension 0 - 2.5 756 583 29
Director Finance lump sum 105 - 110 lump sum 2.5 - 5
Angela O’Connor pension 25 - 30 pension 2.5 - 5 479 317 57
Director Human lump sum 85 - 90 lump sum 10 - 12.5
Resources
Séamus Taylor (a) pension 0 - 5 pension 2.5 - 5 38 n/a 35
Director of Equality
and Diversity
lump sum n/a lump sum n/a
Peter Lewis pension 35 - 40 pension 5 - 7.5 683 458 86
Director Business lump sum 110 - 115 lump sum 15 - 17.5
Development Directorate