Why was another new scheme introduced?

The UK government announced the intention to make changes to public sector pensions, including the LGPS when they came into office. The UK government asked Lord Hutton to chair a commission on reform of public sector pension schemes.

Following publication of that report, changes were proposed to all the main public sector pension schemes, including the LGPS. In November 2013, Local authority employers and trade unions reached agreement on the new design of the Local Government Pension Scheme (LGPS) in Scotland.

 

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