The Police scheme, in common with many
other public sector schemes, has only recently been completely reviewed and a new scheme introduced in 2006.
Public sector pensions work for central government departments, local government pensions, not - for - profit organisations and contractors who participate
in public sector schemes.
His pensions work includes acting in disputes concerning the local government pension scheme and
other public sector schemes, as well as providing regular advice to administering authorities.
Pension reform is a key plank of the coalition's economic policy, it has tasked Labour peer Lord Hutton with bringing about a new system
for public sector schemes that is sustainable.
«We wish to state that if by July 14, directives have not been issued for the transfer of funds to
various public sector schemes, we will advise ourselves,» said Mr Awotwi Nkansah, Deputy Executive Secretary of GNAT in charge of Labour.
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 pensions law.
Police officers contributions to their pension is amongst the highest in the sector but employer contributions to the scheme compares more than favourably when considering
other public sector schemes.
Broadly speaking, a master trust for the purposes of the new regime is an occupational pension scheme that is used, or intended to be used, by two or more unconnected employers (subject to exceptions
for public sector schemes).
This would be fair if there was any evidence that the pension scheme was underfunded, but there is not, indeed quite the contrary an FOI response indicates that the main reason for the increased contributions to
the public sector schemes is being made so that the government can steal our pension funds.
«Independent pension experts and analysts have repeatedly warned against Treasury - led «quick fixes» which threaten the very viability of
the public sectors schemes.
On the second - tier pension, we urge government to settle its indebtedness to
the public sector schemes without further delay.
The campaigners were being told that it was not legally possible to make a rule change retrospectively (for those widows already in receipt of pensions) and that even were it possible this would be resisted by government due to the legal precedent it would set, and the knock - on effect it might have on other
public sector schemes.
This is good news for individuals who, like Ms Brewster, were denied
a public sector scheme survivor's pension in circumstances where they had met the relevant criteria save for the completion of a nomination form.