A proposed cap on redundancy payoffs in the public sector could limit early pension payments from the local government pension scheme (LGPS).
The government is consulting on introducing a £95,000 cap on the total payments when a public sector worker loses their job in certain circumstances. This is in response to concerns over the inc...
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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
