WHITEHALL

LGPS expenditure rises

The total expenditure of the Local Government Pension Scheme (LGPS) in England and Wales was £12.7bn in 2017/18, newly-published statistics have shown.

The total expenditure of the Local Government Pension Scheme (LGPS) in England and Wales was £12.7bn in 2017/18, newly-published statistics have shown.

Removing the effect of mergers and large transfers there was a like-for-like increase of £0.8bn or 7.4% on 2016/17.

Dan Peters

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