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Background to the 2014 LGPS

New Local Government Pension Scheme Regulations came into effect from 1st April 2014.  The links below provide information on the background to the changes.

 

The Local Government Association (LGA) and trade unions announced the outcome of their negotiations on new LGPS proposals (for England and Wales) to take effect from 1st April 2014.

Please see http://lgps2014.org/ for further details. 

 

The LGPS Project Board released a Joint Statement on 18 January 2014 updating the latest position regarding the 2014 LGPS.  Please click here to view the statement.

 

The Department for Communities and Local Government has issued a consulation on further draft regulations for the Local Government Pension Scheme 2014 which closed on 3 May 2013.  Details of the consultation can be viewed by clicking here  

You can review the response from Bedfordshire Pension Fund here

 

There was a previous consultation which closed on 8th February 2013.  The Local Government Association (LGA) has issued a briefing note on this earlier consultation which you can view by clicking here.  Bedfordshire Pension Fund's response to the consultation can be viewed on our Responses to Consultations page.

 

Please click here to see the Written Ministerial Statement (November 2012) regarding the timeframe for implementation of the proposed new scheme.

 

Visit  http://www.lgps.org.uk/ for further details about the new scheme and the negotiations of the LGA  and trade unions on the new LGPS proposals (for England and Wales) to take effect from 1st April 2014.

 

Our News Archive has more information about the background to public sector pension scheme changes.