UK - Councils have been given just six weeks to come up with a package of reforms to slash £900m ($1.5bn) from taxpayer contributions to the Local Government Pension Scheme.
The Department for Communities and Local Government minister Eric Pickles has asked LGPS officials to deliver proposals to save the equivalent of 3.2 percentage points in employee contributions by ...
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