Government guidelines will end the practice of 'boomerang bosses'

摘要

The current practice can see senior officers retire from their job and draw on pension benefits - before being re-employed almost immediately in the same or a similar post on potentially more lucrative terms. A long-serving chief fire officer on a typical salary of around £140,000 can potentially access a lump sum from their pension pot of over £400,000, then avoid employee pension contributions of more than £20,000 a year after being re-employed in the same role.