FINANCE

Top union rejects plan to amalgamate LGPS funds

Proposals to merge Local Government Pension Scheme (LGPS) funds have been dismissed by a major public sector union as not in the best interest of its members or the wider economy.

By Dominic Browne | 22 November 2012

Proposals to merge Local Government Pension Scheme (LGPS) funds have been dismissed by a major public sector union as not in the best interest of its members or the wider economy.

Senior Unite officers have revealed the union is not looking to support LGPS mergers and is unlikely to do so in the future because of the disparity in funding levels between the 101 funds within the scheme.

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Popular articles by Dominic Browne

  1. Budget: £500m a year for local roads maintenance
  2. LGA launches attack on DfT over traffic fine surplus plans
  3. Budget 2023: Hunt confirms £200m for 'potholes curse'
  4. Budget 2021: Highways face funding cut in Budget
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