The establishment of an independent commission to undertake a "fundamental structural review" of public service pension provision is long overdue.
The £9.6bn Strathclyde Pension Fund could become the dedicated pension fund for Scotland, head of pensions Richard McIndoe says.
Cutting back public sector pensions would lead to an almost immediate £8bn cost to the taxpayer, the Chartered Institute of Public Finance and Accountancy says.
UK - Cutting back public sector pensions would lead to an almost immediate £8bn (US$11.45bn) cost to the taxpayer, the Chartered Institute of Public Finance and Accountancy said.
Details of the independent commission charged with reviewing the sustainability of public sector pensions could be revealed as early as Friday, a senior civil servant says.
The Local Government Pension Scheme is currently unaffordable and will wither away unless radical action is taken, delegates heard.
UK - The Local Government Pension Scheme is currently unaffordable and will wither away unless radical action is taken, delegates heard.
Brian Bailey, director of pensions at West Midlands Pension Fund writes about how the LGPS can actively help people to prepare for retirement
Hymans Robertson partner John Hastings discusses affordable benefits that meet the needs of local authority workers
Mike Woodall looks at how defined benefit schemes in the public sector are set to change