LGPS

Rules protecting Local Government Pension Scheme members outsourced to work in the private sector could be scrapped following the withdrawal of similar benefits for central government employees.

The deficit of the Local Government Pension Scheme has more than doubled to £100bn since the scheme's last triennial valuation, a study shows.

Raising worker contribution rates for local government pension schemes would stoke a wave of industrial action and withdrawals from schemes, unions warn.

Laura Blows looks at the unique challenges for the LGPS within the public sector, the implications of the Hutton report for these schemes and the practicalities of potential reforms

Three-quarters of local government pension experts back Lord Hutton's view there is a strong case for increasing employee contributions, National Association of Pension Funds research shows.

UK - Seven Local Government Pension Scheme funds with £9.9bn ($16bn) under management want to establish a framework contract to share actuarial, benefit and investment services to cut costs.

Seven Local Government Pension Scheme funds with £9.9bn under management want to establish a framework contract to share actuarial, benefit and investment services to cut costs.

UK pension funds will recoup £1.4bn in US class action lawsuits following losses suffered at the peak of the financial crisis, a report reveals.

The final salary link in public service pensions is 'inherently unfair' and can lead to high flyers getting almost twice as much back in pensions than those on more modest earnings for the same amount of pension contributions, Lord John Hutton says.

Building materials supplier Wolseley will make additional cash contributions of £25m per year to tackle its £432m pension deficit.