The article reports on the issues surrounding the Local Government Pension Scheme (LGPS), an inadequate deal for low-paid pension members in Great Britain. According to Ronnie Bowie, the LGPS budget is not appropriate for public sector pensions. He pointed out that a career averaging scheme ...
The article reports on the increase of the Local Government Pension Scheme (LGPS) expenditure in England due to failure of locally invested funds. It emphasizes the need for the scheme's reform before its unsustainable, suggested by the Audit Commission. It features Eugene Sullivan, chief ...
The article focuses on the implementation of the Local Government Pension Scheme (LGPS) reform by Great Britain's Department of Treasury. It notes the benefits of the reform, which is 10% reduction on pension liabilities. It highlights the concerns of pension groups and unions regarding the ...
for Communities and Local Government to launch its formal consultation on a new Local Government Pension Scheme. Options for a career-average, final salary and hybrid scheme are some of the features of the scheme. Employers and unions agree that local authorities will be divided over which ...
Reports on the implications of proposals to overhaul the Local Government Pension Scheme for lower- paid council staff in Great Britain. Introduction of a sliding scale for employee contributions; Changes to the retirement plan; Reaction of the trade unions to the proposals.Conrad...
The article reports on the plans of the government to approve trade unions' concessions on the issue of protection in the dispute over Local Government Pension Scheme in Great Britain. The withdrawal of the 85-year old regulation instigated a strike action from various labor groups. The officials...
Segars Secures LGPS Advisory Chair.The article announces the election of Joanne Segars as chair of the Shadow Local Government Pension Scheme Advisory Board.EBSCO_bspGlobal Money Management
The article focuses on the narrow approach of the British government regarding the reform of Local Government Pension Scheme. It says that Great Manchester Pension Fund's chair Kieran Quinn has criticised the decision of local government minister Brandon Lewis to consider only three options for the ...
Reports that the officials of the British public sector union, Unison have called on the Office of the Deputy Prime Minister to clarify its planned simplification of the Local Government Pension Scheme. Need for further discussion on the simplification plan; Assessment of the plan's impact on ...
Let the LGPS be like all the rest.Presents a letter to the editor regarding the announcement of the deputy prime minister for the review of the Local Government Pension Scheme in Great Britain.EBSCO_bspPublic Finance