The SPP recognises that a sustainable LGPS is in the best interests of scheme members, employers and local taxpayers and so has provided a range of technical comments that should prove helpful in ensuring that government policy intentions are met and that unintended consequences are minimised.
This response sets out the SPP’s views on government proposals to extend access to the LGPS to Mayors and Councillors; to prevent contribution rate shopping by Academies; and to New Fair Deal proposals to help ensure continued access to the LGPS for outsourced workers.
Tags: LGPS, Local Government, pension, Pensions, Public Sector,
The SPP agrees with the government that these proposals will fundamentally improve fairness in and access to the Local Government Pension Scheme (LGPS).
However, the SPP response also highlights the potential for “disruptive administrative impacts” given the numerous other projects being dealt with by the LGPS from dashboards to the McCloud remedy.
Tags: LGPS, local government pension scheme,