Sentences with phrase «local government pensions schemes»

Today's announcement comes as part of ongoing discussions about local government pensions schemes.

Local government pension scheme campaign Find out about how the T&G is fighting for pensions justice for workers in the local government pension scheme.

Independent consultant John Ralfe claimed that the deficit in the local government pension scheme had sky - rocketed to # 100 billion, up from # 42 billion in 2007.

The local government pension scheme is split into over 80 different funds, with 1.7 million workers paying for four million total members.

The agreement finally reached on the local government pension scheme after the government made significant concessions has rather less to do with official generosity than fear about the consequences if the scheme were so eviscerated that hundreds of thousands of local government workers might decide there was no point in continuing to contribute to it since, if they walked away, they would still get the same amount of money in retirement from means - tested income support.

The result is that local government workers, faced with an average additional 3 % increase in their contributions which will then yield a much reduced pensions, are likely to abandon the local government pension scheme in droves as no longer worthwhile, thus adding to the State's welfare bill in retirement and perhaps collapsing the investment funds which this pension scheme feeds.

They also tend to have experience of the Teachers Pension scheme and Local Government Pension schemes and will also do all the administration associated with the pensions.

• Acting for the successful Claimant in R (on the application of the Palestine Solidarity Campaign) v Secretary of State for Communities and Local Government [2017] EWHC 1502 (Admin), a challenge to guidance from the defendant Secretary of State which sought to prohibit the administering authorities of the local government pension schemes from adopting policies of boycott, divestment and sanction against foreign nations (led by Nigel Giffin QC).

Nigel Giffin QC and Zac Sammour of 11KBW acted for the Palestine Solidarity Campaign in a successful challenge to guidance issued by the Secretary of State on how local government pension scheme (LGPS) administering authorities should take account of non-financial factors when drawing up statements of investment strategy.

Examples include the issue of whether employers in the local government pension scheme may obtain a discount on their contributions by paying them early; and whether the executive head of a federation of academy schools is eligible for membership of the teachers» pension scheme.

Not exact matches

Similarly, the amount state and local governments will have to pay into the state's main pension fund for other public employees would double to nearly $ 4 billion — even if most localities opt into a borrowing scheme approved this year by lawmakers to soften the blow.

The governor and the legislative leaders, meanwhile, announced an agreement on a budget scheme allowing the state and many local governments — but not New York City — to «borrow» nearly $ 6 billion over the next three years from the state pension system in order to use the funds to make required annual contributions back to the pension fund.

The Conservatives should transfer local government pension holders to a defined contribution scheme (John Hutton ruled out this option).

Talk of coordinated union action over pensions may be unachievable therefore, if the government makes concessions to the unions in the local authority scheme, but not to teachers, civil servants or the NHS.

Public sector pensions work for central government departments, local government pensions, not - for - profit organisations and contractors who participate in public sector schemes.

Our public sector pensions practice covers administering authorities of the Local Government Pension Scheme, cross-border public sector schemes, and work for central government departments on all aspects of penGovernment Pension Scheme, cross-border public sector schemes, and work for central government departments on all aspects of pengovernment departments on all aspects of pensions law.

Public sector pension schemes, including the Local Government Pension Scheme, the various Firefighters» Pension Schemes and the Police Pensions pension schemes, including the Local Government Pension Scheme, the various Firefighters» Pension Schemes and the Police Pensions schemes, including the Local Government Pension Scheme, the various Firefighters» Pension Schemes and the Police Pensions Pension Scheme, the various Firefighters» Pension Schemes and the Police Pensions Pension Schemes and the Police Pensions Schemes and the Police Pensions Scheme.

The scheme was governed by the Local Government Pension Scheme Regulations 2009 (SI 2009/3093).