LGPS

Reading my PP email on Monday, I noticed that Mercer's Chris Hull had come up with some valuable ideas on how to help solve the issue of public sector pensions.

Tom Selby looks at the potentially costly clarification of equal pay regulations for local authorities

Current Local Government Pension Scheme funding levels cover only three-quarters of its future liabilities, an Audit Commission report reveals.

Local government pension funds have been urged to give financial backing to public building projects which risk failure due to government spending cuts.

Legal & General and Hymans Robertson have unveiled a health liability insurance plan which could save local government pension scheme sponsors hundreds of thousands of pounds.

Government proposals to increase the retirement age and index pension payments to the Consumer Price Index could slice 15% from public sector liabilities, London Pensions Fund Authority chief executive Mike Taylor says.

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.