Way forward for local government pension scheme agreed
- Published on Thursday, 22 December 2011 09:28
- Posted by Scott Buckler
A proposed way forward for reform of the Local Government Pension Scheme has been agreed
This follows discussions today between the Chief Secretary to the Treasury, Danny Alexander, the Secretary of State for Local Government, Eric Pickles, the Chairman of the Local Government Association, Sir Merrick Cockell and representatives of the TUC, GMB and Unison.
The agreement means that the local government trade unions and the LGA, with the Department for Communities and Local Government, will commence detailed negotiations in the New Year.
Sir Merrick Cockell, Chairman of the LGA, said:
"I am very pleased that we have received a speedy clarification from ministers to allow our agreement to be taken forward. We have had constructive discussions with the unions and our cross-party proposals have been accepted by the Government.
"The proposals and timescale set out are a sensible and reasonable way of achieving both the short term financial targets and the long term reforms set out in Lord Hutton's report on public sector pension schemes.
"We are committed to the successful conclusion of this process to ensure the pension scheme is reformed in a way that is affordable for the taxpayer and fair to our staff."