UK - Members will quit the Local Government Pension Scheme rather than pay proposed contribution increases, unions warn.
Unison says the scheme’s members are “outraged” over the proposed 20% jump in member contributions and an increase in the normal retirement age from 60 to 65. Head of pensions Glyn Jenkins said th...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
