New LGPS Proposals Released

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Parent Category: News

Created on Saturday, 02 June 2012 20:20

Published on Saturday, 02 June 2012 20:20

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NEW LGPS PROPOSALS RELEASED

The Local Government Association (LGA) and trade unions (Unite, Unison and GMB) have today announced the outcome of their negotiations on new LGPS proposals (for England and Wales to take effect from 1st April 2014).

These proposals were signed off by government yesterday and have only been made available to other trade unions this morning.

These documents are not yet available in hard copy but they have now been posted on the LGPS website and can be accessed using the following address:

http://www.lgps.org.uk/lge/core/page.do?pageId=15431012

Members will see 10 documents which include an overview of the 2014 proposal, a joint statement between LGA and the 3 trade unions involved in the negotiations and a more detailed explanation of the elements contained within it. 

The next step involves a series of consultation on the proposals which are scheduled to report the position of individual unions. This will take place over the next few weeks to allow a view to be given before the autumn.

FBU members in the Local Government Pension Scheme will recognise the frustration in the lack of information being shared over the last few months but we intend to undergo a full consultation process now we have the details.

Further information will be available shortly and meetings will no doubt be arranged to hear the views of affected members.

Please ensure that you attend your branch meeting and have your say on this issue.

Yours in Unity,

SEAN STARBUCK

National Officer

SS/EMH