GMP conversion scrapped in favour of full GMP indexation

Holly Roach
clock • 2 min read

The government has confirmed it will discount GMP conversion as a long-term policy solution for public service pension schemes and make full GMP indexation the permanent solution.

In response to its GMP indexation consultation, the government said the approach will mean public service pension schemes will be directed to provide full indexation to public servants with a GMP r...

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