Seven radical ways to overhaul the LGPS

clock • 2 min read

Centre for Policy Studies research fellow Michael Johnson has proposed seven ways to make the local government pension scheme more sustainable.

Proposal 1: Replace Local Government Pension Scheme (LGPS) 2014 with LGPS 2018 - a defined contribution scheme. A cash balance arrangement (a form of defined benefit) could be offered for an interi...

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