The Local Government Pension Scheme (LGPS) is currently going through a government consultation. The consultation which closed this month, focused on improving access and fairness within the scheme. The purpose of the consultation is to correct historic discrepancies in the regulations which could be deemed discriminatory. It also aims to improve some of the current complexities with administration.
The consultation attempts to address several key issues, including:
- Equalisation of survivor benefits
- Removing the gender pension gap
- Monitoring Opt out rates
- Further guidance on the McCloud remedy
- Changes to contributions when buying back ‘lost pension’ following authorised absences
As soon as we have any updates on this consultation, we’ll update the News Section of our website.
If you’d like more information, click the links below.
Read the latest LGPS update
Read the consultation on the Gov.uk website