LPFA urges local authority schemes to raise retirement age

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The Local Government Pension Scheme should increase its retirement age to 66 and limit pensionable pay to £75,000 a year, the London Pensions Fund Authority says in its submission to the Public Service Pensions Commission.

As part of raft of wide-ranging changes to the LGPS, the LPFA recommended a number of "quick wins" to the Commission, which could be introduced as early as next April. These include: • Linking L...

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