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The New LGPS 2014 project
LGPS 2014 – Member Website
Please visit http://www.lgps2014.org , a dedicated site for LGPS members dealing with the changes to the scheme from 1 April 2014. Information and updates on the reform process will be available for members on this website http://www.lgps2014.org
LGPS 2014 - JOINT STATEMENT
LGPS 2014 - INDEPENDENT EQUALITY IMPACT ASSESSMENT OF LGPS 2014 PROPOSALS PUBLISHED
LGPS 2014 - JOINT STATEMENT
NEW LGPS PROPOSALS RELEASED
The Local Government Association (LGA) and trade unions have today announced the outcome of their negotiations on new LGPS proposals (for England and Wales) to take effect from 1st April 2014.
Please see the linked documents below for details.
INFORMATION FOR EMPLOYERS ON THE LGPS 2014 PROPOSALS
The New LGPS 2014 Project
Following the acceptance by government of a principles document submitted by the Local Government Association, UNISON and GMB on how to take forward the reform of the Local Government Pension Scheme (LGPS) in England and Wales, a project has been set up to reach agreement on the elements of the new scheme together with the management and governance of the scheme going forward.
Here you can view the documents relating to the project together with regular updates on progress.
The Queen's Speech - Joint statement by LGA, UNISON, GMB and Unite
Publicity in respect of the Public Service Pensions Bill announced in the Queen's Speech referred to implementation of changes to the three largest schemes. Although the Bill will include all public service schemes in it's scope it should be clarified that the Local Government Pension Scheme is not one of the three schemes referred to. Discussions continue between local government unions, the LGA and government over the future design of the LGPS.
Latest Update - March 2012
NEW LOCAL GOVERNMENT PENSION SCHEME 2014
Joint communications update
This update has been produced by the Local Government Association (LGA), UNISON, Unite and GMB in order to keep members up to date with the progress against the LGPS 2014 project.
The project PID set out two workstreams the first being scheme design and the second future cost management and governance.
A set of proposals under workstream one were submitted to government on 13th February in line with the timescale set out in the project plan.
The covering letter to our submission contained an offer to discuss any questions or issues government may have with our proposals. This offer resulted in a meeting on 7th March attended by the Department for Communities and Local Government, the Government Actuaries Department and HM Treasury.
A number of issues were raised for clarification at the meeting and the proposals are now in the process of final consideration by Ministers. The correspondence between project board and government in relation to the meeting can be found from the links below.
This time taken for the process of consideration (including costing by GAD), which was flagged as a potential risk to the project timescales in our Risk Register has resulted in amendments to project plan timescales and a delay in progressing workstream two. A revised project plan can be found here.
Details of the workstream one proposal will be subject to consultation by both unions and employers and therefore cannot be released before those consultations take place.
Remember that whilst the project continues no changes will be made to the scheme which is, and will continue to be after the project is complete, one of the best ways available to ensure a decent income in retirement.