The Treasury has agreed to hold separate negotiations with unions on reforms to the Local Government Pension Scheme after acknowledging its funded status made it different to other public sector schemes.
Separate talks between the two sides will now take place involving local government unions after warnings a 3.2 percentage points average hike in contributions could lead to mass opt-outs. It co...
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 for 12 months, 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
