Tuesday 31 May 2016 @ 10:10
Department for Communities and Local Government
Printable version

Local government pension scheme regulations: Consultation

This consultation closes at 20 August 2016 12:00am

Summary

These proposed changes to the scheme regulations implement policies on Fair Deal for staff pensions and freedom and choice in pensions.

Local government pension scheme regulations 

Consultation description

These draft regulations amend the Local Government Pension Scheme Regulations 2013 (SI/2356), and the Local Government Pension Scheme (Transitional Provisions, Savings and Amendment) Regulations 2014 (SI/525) in order to provide clarifications that have been requested by practitioners and improve the operation of the regulations.

They introduce the ‘Fair Deal for staff pensions’ for staff in the local government pension scheme who are compulsorily transferred to another service provider. The Treasury ‘Fair Deal for staff pensions’ policy issued in October 2013 sets out new requirements for securing pension protection for staff transferring out of the public sector.

This consultation seeks comments on proposals to ensure that local government and participating employers in the local government pension scheme, provide the appropriate level of pension provision as set out in the new Fair Deal guidance.

Ways to respond

Email to: Vincent.kiddell@communities.gsi.gov.uk

Write to: 
Vincent Kiddell
Workforce, Pay and Pensions
Department for Communities and Local Government
SE Quarter Fry Building 
2 Marsham Street
London 
SW1P 4DF

 

 

Channel website: https://www.gov.uk/government/organisations/department-for-levelling-up-housing-and-communities

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