New government guidelines will end the practice of boomerang bosses

Tuesday, 21 February 2017 12:11

New government guidelines will put a stop to ‘boomerang bosses’ in the fire service. 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 and then avoid employee...Request free trial