This adult social care negotiating body will be set up in 2026 and tasked with arranging the first ever fair pay agreement for the sector to come into force in 2028-29. This investment has been allocated from the £4bn increase in adult social care funding in 2028-29 announced by the Chancellor in the Spending Review. She said: “The spending pressures on social care cannot be overstated: the extra needed this year for additional employers national insurance contributions more than wipes out this £500m. A public consultation on this fair pay agreement process will be launched today. The Fair Pay Agreement will be backed by law currently progressing in Parliament through the Employment Rights Bill.