Latest Public Sector News

31.08.12

Pension reform support from local government

Local government employers have backed proposed changes to the local government pension scheme, following support for the proposals from unions earlier in August.

Support from employers was recorded at 93%.

The proposals main changes include a shift to pensions based on career average salaries and the exclusion of low paid workers from any increase in contribution rates.

In November, public sector staff went on strike against the initial proposals for changes to pensions.

LGA chairman Sir Merrick Cockell said: “Our approach throughout this process has been to reform the pension scheme so it is fair to our staff, affordable for council taxpayers and has a viable long-term future.

“The overwhelming level of support for these proposals is very encouraging, and demonstrates the commitment among employers in local government to a manageable scheme that gives staff a decent pension when they retire.”

Heather Wakefield, Unison national secretary for the local government, police and justice section, said: “These were tough negotiations, but with a focus on the majority of members who earn less than £21,000 a year, we have ensured that current LGPS members can afford to remain in the scheme and those who could not afford to do so to date can now join via a low cost option.

“This is vital for many of our members who have suffered a decline in earnings as a result of the coalition's pay freeze policies. Contributions are now on a fairer 'progressive' basis. We will continue to campaign with all of the union, through the TUC, against the proposals to increase the state retirement age.”

The Department for Communities and Local Government will begin a formal consultation in September before drawing up new regulations for the pension scheme.

Tell us what you think – have your say below, or email us directly at opinion@publicsectorexecutive.com

Image c. Andy O’Donnell

Comments

There are no comments. Why not be the first?

Add your comment

 

related

public sector executive tv

more videos >

last word

Prevention: Investing for the future

Prevention: Investing for the future

Rob Whiteman, CEO at the Chartered Institute of Public Finance (CIPFA), discusses the benefits of long-term preventative investment. Rising demand, reducing resource – this has been the r more > more last word articles >

public sector focus

View all News

comment

Peter Kyle MP: It’s time to say thank you this Public Service Day

21/06/2019Peter Kyle MP: It’s time to say thank you this Public Service Day

Taking time to say thank you is one of the hidden pillars of a society. Bei... more >
How community-led initiatives can help save the housing shortage

19/06/2019How community-led initiatives can help save the housing shortage

Tom Chance, director at the National Community Land Trust Network, argues t... more >

interviews

Artificial intelligence: the devil is in the data

17/12/2018Artificial intelligence: the devil is in the data

It’s no secret that the public sector and its service providers need ... more >

the raven's daily blog

Northern Powerhouse Partner aims to connect the North once again

02/09/2019Northern Powerhouse Partner aims to connect the North once again

In February this year, official Northern Powerhouse Partner, Cognitive Publishing, delivered EvoNorth 2019.  The two day event was designed to amplify and highlight futur... more >
read more blog posts from 'the raven' >

editor's comment

25/10/2017Take a moment to celebrate

Devolution, restructuring and widespread service reform: from a journalist’s perspective, it’s never been a more exciting time to report on the public sector. That’s why I could not be more thrilled to be taking over the reins at PSE at this key juncture. There could not be a feature that more perfectly encapsulates this feeling of imminent change than the article James Palmer, mayor of Cambridgeshire and Peterborough, has penned for us on p28. In it, he highlights... read more >