LPFA urges local authority schemes to raise retirement age

clock

The Local Government Pension Scheme should increase its retirement age to 66 and limit pensionable pay to £75,000 a year, the London Pensions Fund Authority says in its submission to the Public Service Pensions Commission.

As part of raft of wide-ranging changes to the LGPS, the LPFA recommended a number of "quick wins" to the Commission, which could be introduced as early as next April. These include: • Linking ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Legislation

Legal Review: 'A leap forward for CDC'

Legal Review: 'A leap forward for CDC'

Thibault Jeakings and Keith Webster look at the route forward for CDC schemes ahead of 2025 regulations

Thibault Jeakings and Keith Webster
clock 17 December 2024 • 4 min read
Isio launches support service for NHS McCloud employees

Isio launches support service for NHS McCloud employees

Service will address NHS employer pensions tax rollback, with members able to easily claim refunds

Jasmine Urquhart
clock 07 November 2024 • 1 min read
Autumn Budget 24: Labour hikes employers' National Insurance by 1.2 percentage points

Autumn Budget 24: Labour hikes employers' National Insurance by 1.2 percentage points

Pensions industry says the costs are at risk of being passed on to pension savers

Jen Frost
clock 30 October 2024 • 7 min read
Trustpilot