Public Sector Pensions Reform

Switching the indexation of public sector pension benefits from RPI to CPI in March 2011 saved the government £126bn, a report says.

The Rail, Maritime and Transport union has demanded that the London Transport Pension Fund disinvests in public private partnership investment vehicle Semperian due to the behaviour of one of its subcontractors.

A quarter of GP surgeries operated a reduced service yesterday as doctors took part in industrial action, the Department of Health said.

The government should move public sector pensions to a funded model to create a £30bn a year ‘sovereign wealth fund' to invest in long-term projects, argues a Conservative backbencher.

Will LGPS reform be easy from here?

Here it is. The a handy table to compare the current (2008) LGPS with the newly agreed 2014 scheme.

Unions have reached an agreement with ministers over the reform of the local government pension scheme.

The British Medical Association has voted in favour of industrial action in protest against reforms to the NHS pension scheme.

The UK's two largest teaching unions have launched a joint campaign to oppose the government's reforms to teachers' pensions, pay and working conditions.

The Local Government Association has urged the government to bring negotiations between unions and employers on Local Government Pension Scheme reforms to a "rapid conclusion" after ministers delayed approving the plans.